Enstar Group Limited Stock Probability of Future Stock Price Finishing Over 170.19
| ESGR Stock | USD 290.10 2.58 0.90% |
Enstar |
Enstar Group Target Price Odds to finish over 170.19
The tendency of Enstar 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 stay above $ 170.19 in 90 days |
| 290.10 | 90 days | 170.19 | close to 99 |
Based on a normal probability distribution, the odds of Enstar Group to stay above $ 170.19 in 90 days from now is close to 99 (This Enstar Group Limited probability density function shows the probability of Enstar Stock to fall within a particular range of prices over 90 days) . Probability of Enstar Group Limited price to stay between $ 170.19 and its current price of $290.1 at the end of the 90-day period is about 52.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.31 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Enstar Group will likely underperform. Additionally Enstar Group Limited has an alpha of 0.0106, implying that it can generate a 0.0106 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Enstar Group Price Density |
| Price |
Predictive Modules for Enstar Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enstar Group Limited. 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 Enstar Group'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.
Enstar Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enstar Group is not an exception. The market had few large corrections towards the Enstar Group'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 Enstar Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enstar Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 1.31 | |
σ | Overall volatility | 12.01 | |
Ir | Information ratio | 0.02 |
Enstar Group 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 Enstar Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enstar Group Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enstar Group Limited currently holds about 3.62 B in cash with (515 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 213.08. | |
| Enstar Group Limited has a frail financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are held by institutions such as insurance companies |
Enstar Group 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 Enstar Stock often depends not only on the future outlook of the current and potential Enstar Group'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. Enstar Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.8 M | |
| Cash And Short Term Investments | 5.9 B |
Enstar Group Technical Analysis
Enstar Group's future price can be derived by breaking down and analyzing its technical indicators over time. Enstar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enstar Group Limited. In general, you should focus on analyzing Enstar Stock price patterns and their correlations with different microeconomic environments and drivers.
Enstar Group Predictive Forecast Models
Enstar Group's time-series forecasting models is one of many Enstar Group'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 Enstar Group'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 Enstar Group Limited
Checking the ongoing alerts about Enstar Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enstar Group Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enstar Group Limited currently holds about 3.62 B in cash with (515 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 213.08. | |
| Enstar Group Limited has a frail financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are held by institutions such as insurance companies |
Check out Enstar Group Backtesting, Enstar Group Valuation, Enstar Group Correlation, Enstar Group Hype Analysis, Enstar Group Volatility, Enstar Group History as well as Enstar Group Performance. Note that the Enstar Group Limited information on this page should be used as a complementary analysis to other Enstar Group'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Enstar Stock analysis
When running Enstar Group's price analysis, check to measure Enstar Group'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 Enstar Group is operating at the current time. Most of Enstar Group's value examination focuses on studying past and present price action to predict the probability of Enstar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enstar Group's price. Additionally, you may evaluate how the addition of Enstar Group to your portfolios can decrease your overall portfolio volatility.
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Is Enstar Group'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 Enstar Group. If investors know Enstar 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 Enstar Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enstar Group Limited is measured differently than its book value, which is the value of Enstar that is recorded on the company's balance sheet. Investors also form their own opinion of Enstar Group's value that differs from its market value or its book value, called intrinsic value, which is Enstar Group'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 Enstar Group's market value can be influenced by many factors that don't directly affect Enstar Group'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 Enstar Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enstar Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enstar Group'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.