Empire Petroleum Corp Stock Probability of Future Stock Price Finishing Over 7.24
| EP Stock | USD 7.24 0.68 8.59% |
Empire |
Empire Petroleum Target Price Odds to finish over 7.24
The tendency of Empire 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 above the current price in 90 days |
| 7.24 | 90 days | 7.24 | about 5.61 |
Based on a normal probability distribution, the odds of Empire Petroleum to move above the current price in 90 days from now is about 5.61 (This Empire Petroleum Corp probability density function shows the probability of Empire Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon Empire Petroleum has a beta of 0.92 suggesting Empire Petroleum Corp market returns are sensible to returns on the market. As the market goes up or down, Empire Petroleum is expected to follow. Additionally Empire Petroleum Corp has an alpha of 0.3713, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Empire Petroleum Price Density |
| Price |
Predictive Modules for Empire Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Empire Petroleum Corp. 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 Empire Petroleum'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.
Empire Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Empire Petroleum is not an exception. The market had few large corrections towards the Empire Petroleum'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 Empire Petroleum Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Empire Petroleum within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.37 | |
β | Beta against NYSE Composite | 0.92 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | 0.08 |
Empire Petroleum 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 Empire Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Empire Petroleum Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Empire Petroleum had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 40.14 M. Annual Net Loss to common stockholders was (12.47 M) with gross profit of 12.29 M. | |
| Empire Petroleum Corp reports about 11.94 M in cash with (9.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Empire Petroleum has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: TotalEnergies EP Gabon Information financire trimestrielle |
Empire Petroleum 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 Empire Stock often depends not only on the future outlook of the current and potential Empire Petroleum'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. Empire Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.7 M | |
| Cash And Short Term Investments | 7.8 M |
Empire Petroleum Technical Analysis
Empire Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Empire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Empire Petroleum Corp. In general, you should focus on analyzing Empire Stock price patterns and their correlations with different microeconomic environments and drivers.
Empire Petroleum Predictive Forecast Models
Empire Petroleum's time-series forecasting models is one of many Empire Petroleum'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 Empire Petroleum'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 Empire Petroleum Corp
Checking the ongoing alerts about Empire Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Empire Petroleum Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Empire Petroleum had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 40.14 M. Annual Net Loss to common stockholders was (12.47 M) with gross profit of 12.29 M. | |
| Empire Petroleum Corp reports about 11.94 M in cash with (9.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Empire Petroleum has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: TotalEnergies EP Gabon Information financire trimestrielle |
Check out Empire Petroleum Backtesting, Empire Petroleum Valuation, Empire Petroleum Correlation, Empire Petroleum Hype Analysis, Empire Petroleum Volatility, Empire Petroleum History as well as Empire Petroleum Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Empire Stock analysis
When running Empire Petroleum's price analysis, check to measure Empire Petroleum'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 Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Empire Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire Petroleum. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.59) | Revenue Per Share 1.705 | Quarterly Revenue Growth 0.012 | Return On Assets (0.1) | Return On Equity (0.55) |
The market value of Empire Petroleum Corp is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Empire Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire Petroleum's market value can be influenced by many factors that don't directly affect Empire Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.