ENCE Energa (Spain) Probability of Future Stock Price Finishing Over 8.09
| ENC Stock | EUR 3.50 0.01 0.28% |
ENCE |
ENCE Energa Target Price Odds to finish over 8.09
The tendency of ENCE 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 move over € 8.09 or more in 90 days |
| 3.50 | 90 days | 8.09 | close to zero percent |
Based on a normal probability distribution, the odds of ENCE Energa to move over € 8.09 or more in 90 days from now is close to zero percent (This ENCE Energa y probability density function shows the probability of ENCE Stock to fall within a particular range of prices over 90 days) . Probability of ENCE Energa y price to stay between its current price of € 3.50 and € 8.09 at the end of the 90-day period is about 7.49 .
Assuming the 90 days trading horizon ENCE Energa has a beta of 0.36 suggesting as returns on the market go up, ENCE Energa average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENCE Energa y will be expected to be much smaller as well. Additionally ENCE Energa y has an alpha of 0.3218, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ENCE Energa Price Density |
| Price |
Predictive Modules for ENCE Energa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENCE Energa y. 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 ENCE Energa'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.
ENCE Energa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENCE Energa is not an exception. The market had few large corrections towards the ENCE Energa'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 ENCE Energa y, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENCE Energa within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.32 | |
β | Beta against NYSE Composite | 0.36 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.15 |
ENCE Energa 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 ENCE Energa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENCE Energa y can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 819.67 M. Net Loss for the year was (190.41 M) with profit before overhead, payroll, taxes, and interest of 430.18 M. | |
| About 44.0% of the company shares are held by company insiders |
ENCE Energa 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 ENCE Stock often depends not only on the future outlook of the current and potential ENCE Energa'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. ENCE Energa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 242.3 M |
ENCE Energa Technical Analysis
ENCE Energa's future price can be derived by breaking down and analyzing its technical indicators over time. ENCE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENCE Energa y. In general, you should focus on analyzing ENCE Stock price patterns and their correlations with different microeconomic environments and drivers.
ENCE Energa Predictive Forecast Models
ENCE Energa's time-series forecasting models is one of many ENCE Energa's 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 ENCE Energa'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 stock market movement and maximize returns from investment trading.
Things to note about ENCE Energa y
Checking the ongoing alerts about ENCE Energa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENCE Energa y help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 819.67 M. Net Loss for the year was (190.41 M) with profit before overhead, payroll, taxes, and interest of 430.18 M. | |
| About 44.0% of the company shares are held by company insiders |
Check out ENCE Energa Backtesting, ENCE Energa Valuation, ENCE Energa Correlation, ENCE Energa Hype Analysis, ENCE Energa Volatility, ENCE Energa History as well as ENCE Energa Performance. Note that the ENCE Energa y information on this page should be used as a complementary analysis to other ENCE Energa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for ENCE Stock analysis
When running ENCE Energa's price analysis, check to measure ENCE Energa's 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 ENCE Energa is operating at the current time. Most of ENCE Energa's value examination focuses on studying past and present price action to predict the probability of ENCE Energa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENCE Energa's price. Additionally, you may evaluate how the addition of ENCE Energa to your portfolios can decrease your overall portfolio volatility.
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