Pyxis Tankers Stock Probability of Future Stock Price Finishing Under 0.28
| PXS Stock | USD 3.62 0.04 1.09% |
Pyxis |
Pyxis Tankers Target Price Odds to finish below 0.28
The tendency of Pyxis Stock 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 drop to $ 0.28 or more in 90 days |
| 3.62 | 90 days | 0.28 | near 1 |
Based on a normal probability distribution, the odds of Pyxis Tankers to drop to $ 0.28 or more in 90 days from now is near 1 (This Pyxis Tankers probability density function shows the probability of Pyxis Stock to fall within a particular range of prices over 90 days) . Probability of Pyxis Tankers price to stay between $ 0.28 and its current price of $3.62 at the end of the 90-day period is nearly 4.58 .
Considering the 90-day investment horizon Pyxis Tankers has a beta of -0.0175 indicating as returns on the benchmark increase, returns on holding Pyxis Tankers are expected to decrease at a much lower rate. During a bear market, however, Pyxis Tankers is likely to outperform the market. Additionally Pyxis Tankers has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pyxis Tankers Price Density |
| Price |
Predictive Modules for Pyxis Tankers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pyxis Tankers. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Pyxis Tankers' 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.
Pyxis Tankers Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pyxis Tankers is not an exception. The market had few large corrections towards the Pyxis Tankers' 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 Pyxis Tankers, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pyxis Tankers within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.5 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.36 |
Pyxis Tankers 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 Pyxis Tankers for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pyxis Tankers can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pyxis Tankers generated a negative expected return over the last 90 days | |
| Pyxis Tankers is unlikely to experience financial distress in the next 2 years | |
| Pyxis Tankers has 60.95 M in debt with debt to equity (D/E) ratio of 1.48, which is OK given its current industry classification. Pyxis Tankers has a current ratio of 0.81, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pyxis to invest in growth at high rates of return. | |
| About 57.0% of Pyxis Tankers outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Scorpio Tankers Inc. Announces Commitments for New 500.0 Million Revolving Credit Facility |
Pyxis Tankers 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 Pyxis Stock often depends not only on the future outlook of the current and potential Pyxis Tankers' 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. Pyxis Tankers' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.6 M | |
| Cash And Short Term Investments | 54.5 M |
Pyxis Tankers Technical Analysis
Pyxis Tankers' future price can be derived by breaking down and analyzing its technical indicators over time. Pyxis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pyxis Tankers. In general, you should focus on analyzing Pyxis Stock price patterns and their correlations with different microeconomic environments and drivers.
Pyxis Tankers Predictive Forecast Models
Pyxis Tankers' time-series forecasting models is one of many Pyxis Tankers' stock 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 Pyxis Tankers' 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 stock market movement and maximize returns from investment trading.
Things to note about Pyxis Tankers
Checking the ongoing alerts about Pyxis Tankers for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pyxis Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pyxis Tankers generated a negative expected return over the last 90 days | |
| Pyxis Tankers is unlikely to experience financial distress in the next 2 years | |
| Pyxis Tankers has 60.95 M in debt with debt to equity (D/E) ratio of 1.48, which is OK given its current industry classification. Pyxis Tankers has a current ratio of 0.81, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pyxis to invest in growth at high rates of return. | |
| About 57.0% of Pyxis Tankers outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Scorpio Tankers Inc. Announces Commitments for New 500.0 Million Revolving Credit Facility |
Additional Tools for Pyxis Stock Analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.