Euronav Nv Stock Probability of Future Stock Price Finishing Under 10.82
| CMBT Stock | 11.22 0.20 1.81% |
Closest to current price Euronav long CALL Option Payoff at Expiration
Euronav |
Euronav NV Target Price Odds to finish below 10.82
The tendency of Euronav 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 10.82 or more in 90 days |
| 11.22 | 90 days | 10.82 | about 1.16 |
Based on a normal probability distribution, the odds of Euronav NV to drop to 10.82 or more in 90 days from now is about 1.16 (This Euronav NV probability density function shows the probability of Euronav Stock to fall within a particular range of prices over 90 days) . Probability of Euronav NV price to stay between 10.82 and its current price of 11.22 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Euronav NV has a beta of 0.48 suggesting as returns on the market go up, Euronav NV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Euronav NV will be expected to be much smaller as well. Additionally Euronav NV 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. Euronav NV Price Density |
| Price |
Predictive Modules for Euronav NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Euronav NV. 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.Euronav NV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Euronav NV is not an exception. The market had few large corrections towards the Euronav NV'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 Euronav NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Euronav NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.6 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 1.80 | |
Ir | Information ratio | -0.34 |
Euronav NV 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 Euronav NV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Euronav NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Euronav NV generated a negative expected return over the last 90 days | |
| Euronav NV is unlikely to experience financial distress in the next 2 years | |
| Euronav NV was previously known as Euronav NV and was traded on New York Stock Exchange under the symbol EURN. | |
| About 81.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Crude Oil Carriers Industry Research Report 2024-2030 Growing Demand for ULCCs, Increasing Scrapping of Old Vessels, Expanding Oil Refining Capacities in Emerging Markets |
Euronav NV 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 Euronav Stock often depends not only on the future outlook of the current and potential Euronav NV'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. Euronav NV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 201.9 M | |
| Cash And Short Term Investments | 429.4 M |
Euronav NV Technical Analysis
Euronav NV's future price can be derived by breaking down and analyzing its technical indicators over time. Euronav Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Euronav NV. In general, you should focus on analyzing Euronav Stock price patterns and their correlations with different microeconomic environments and drivers.
Euronav NV Predictive Forecast Models
Euronav NV's time-series forecasting models is one of many Euronav NV'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 Euronav NV'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 Euronav NV
Checking the ongoing alerts about Euronav NV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Euronav NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Euronav NV generated a negative expected return over the last 90 days | |
| Euronav NV is unlikely to experience financial distress in the next 2 years | |
| Euronav NV was previously known as Euronav NV and was traded on New York Stock Exchange under the symbol EURN. | |
| About 81.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Crude Oil Carriers Industry Research Report 2024-2030 Growing Demand for ULCCs, Increasing Scrapping of Old Vessels, Expanding Oil Refining Capacities in Emerging Markets |
Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.