Ricochet Trader Logo


External Links

Google Quotes

Google News

Reuters News

Yahoo News

Yahoo Quotes

#23) PG(PCG) Forecast Chart for Aug 26, 2019*
Top Buys Chart Navigation
Prev Buy Next Buy

August 23, 2019 (RicochetTrader.com)

Forecast chart for PG ( PCG ) for the next 15 trading days, starting on August 26, 2019

On August 23, 2019 PG had a closing price of $11.04 with 7,666,400 shares traded. The trading liquidity was $84.64M. The forecast predicted average opening price for trading date August 26, 2019 is $11.08.

Summary Information for PG ( PCG ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.4889% occurs on day 2 where there is a 10% chance that PCG will rise to $12.89 (+16.33%) and there is a 10% chance it will fall to $9.60 (-13.33%). There is a 20% that PCG will cross one of these price levels in 2 days, and adding the returns of +16.33% and -13.33% yields a net composite return of 3.00%. A net return of 3.00% in 2 days is an EDR of 1.4889% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 1.0297% occurs on day 2 where there is a 20% chance that PCG will rise to $12.32 (+11.23%) and there is a 20% chance it will fall to $10.07 (-9.16%). There is a 40% that PCG will cross one of these price levels in 2 days, and adding the returns of +11.23% and -9.16% yields a net composite return of 2.07%. A net return of 2.07% in 2 days is an EDR of 1.0297% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.8811% occurs on day 2 where there is a 30% chance that PCG will rise to $11.94 (+7.77%) and there is a 30% chance it will fall to $10.42 (-6.00%). There is a 60% that PCG will cross one of these price levels in 2 days, and adding the returns of +7.77% and -6.00% yields a net composite return of 1.77%. A net return of 1.77% in 2 days is an EDR of 0.8811% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.6429% occurs on day 2 where there is a 40% chance that PCG will rise to $11.69 (+5.52%) and there is a 40% chance it will fall to $10.61 (-4.23%). There is a 80% that PCG will cross one of these price levels in 2 days, and adding the returns of +5.52% and -4.23% yields a net composite return of 1.29%. A net return of 1.29% in 2 days is an EDR of 0.6429% per day.

* The forecast for PG (PCG) was made using market data after the close on August 23, 2019 but is generated for the next trading day, or August 26, 2019