Petro Viking Energy Stock Probability of Future Pink Sheet Price Finishing Over 0.0038
| PTRVF Stock | USD 0.01 0.01 815.38% |
Petro |
Petro Viking Target Price Odds to finish over 0.0038
The tendency of Petro Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 0 in 90 days |
| 0.01 | 90 days | 0 | about 72.91 |
Based on a normal probability distribution, the odds of Petro Viking to stay above $ 0 in 90 days from now is about 72.91 (This Petro Viking Energy probability density function shows the probability of Petro Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Petro Viking Energy price to stay between $ 0 and its current price of $0.0119 at the end of the 90-day period is about 68.63 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 19.69 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Petro Viking will likely underperform. In addition to that Petro Viking Energy has an alpha of 22.4543, implying that it can generate a 22.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Petro Viking Price Density |
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Predictive Modules for Petro Viking
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petro Viking Energy. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Petro Viking's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Petro Viking Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Petro Viking is not an exception. The market had few large corrections towards the Petro Viking's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Petro Viking Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Petro Viking within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 22.45 | |
β | Beta against Dow Jones | 19.69 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.17 |
Petro Viking Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Petro Viking for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Petro Viking Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Petro Viking Energy is way too risky over 90 days horizon | |
| Petro Viking Energy has some characteristics of a very speculative penny stock | |
| Petro Viking Energy appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 301.34 K. Net Loss for the year was (1.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Petro Viking Energy has accumulated about 1.47 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders |
Petro Viking Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Petro Pink Sheet often depends not only on the future outlook of the current and potential Petro Viking's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Petro Viking's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.7 M |
Petro Viking Technical Analysis
Petro Viking's future price can be derived by breaking down and analyzing its technical indicators over time. Petro Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Petro Viking Energy. In general, you should focus on analyzing Petro Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Petro Viking Predictive Forecast Models
Petro Viking's time-series forecasting models is one of many Petro Viking's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Petro Viking's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Petro Viking Energy
Checking the ongoing alerts about Petro Viking for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Petro Viking Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Petro Viking Energy is way too risky over 90 days horizon | |
| Petro Viking Energy has some characteristics of a very speculative penny stock | |
| Petro Viking Energy appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 301.34 K. Net Loss for the year was (1.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Petro Viking Energy has accumulated about 1.47 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Petro Pink Sheet
Petro Viking financial ratios help investors to determine whether Petro Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petro with respect to the benefits of owning Petro Viking security.