Eni Spa Adr Stock Odds of Future Stock Price Finishing Under 27.68
| E Stock | USD 29.01 0.12 0.42% |
Eni |
Eni SPA Target Price Odds to finish below 27.68
The tendency of Eni 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 $ 27.68 or more in 90 days |
| 29.01 | 90 days | 27.68 | near 1 |
Based on a normal probability distribution, the odds of Eni SPA to drop to $ 27.68 or more in 90 days from now is near 1 (This Eni SpA ADR probability density function shows the probability of Eni Stock to fall within a particular range of prices over 90 days) . Probability of Eni SpA ADR price to stay between $ 27.68 and its current price of $29.01 at the end of the 90-day period is about 6.06 .
Taking into account the 90-day investment horizon Eni SPA has a beta of 0.15 suggesting as returns on the market go up, Eni SPA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eni SpA ADR will be expected to be much smaller as well. Additionally Eni SpA ADR 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. Eni SPA Price Density |
| Price |
Predictive Modules for Eni SPA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eni SpA ADR. 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 Eni SPA'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.
Eni SPA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eni SPA is not an exception. The market had few large corrections towards the Eni SPA'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 Eni SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eni SPA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.17 |
Eni SPA 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 Eni SPA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eni SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eni SpA ADR generated a negative expected return over the last 90 days | |
| Eni SpA ADR is unlikely to experience financial distress in the next 2 years | |
| On 7th of October 2024 Eni SPA paid $ 0.5433 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Short Interest in Eni S.p.A. Drops By 5.3 |
Eni SPA 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 Eni Stock often depends not only on the future outlook of the current and potential Eni SPA'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. Eni SPA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.3 B | |
| Cash And Short Term Investments | 17 B |
Eni SPA Technical Analysis
Eni SPA's future price can be derived by breaking down and analyzing its technical indicators over time. Eni Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eni SpA ADR. In general, you should focus on analyzing Eni Stock price patterns and their correlations with different microeconomic environments and drivers.
Eni SPA Predictive Forecast Models
Eni SPA's time-series forecasting models is one of many Eni SPA'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 Eni SPA'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 Eni SpA ADR
Checking the ongoing alerts about Eni SPA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eni SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eni SpA ADR generated a negative expected return over the last 90 days | |
| Eni SpA ADR is unlikely to experience financial distress in the next 2 years | |
| On 7th of October 2024 Eni SPA paid $ 0.5433 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Short Interest in Eni S.p.A. Drops By 5.3 |
Check out Eni SPA Backtesting, Eni SPA Valuation, Eni SPA Correlation, Eni SPA Hype Analysis, Eni SPA Volatility, Eni SPA History as well as Eni SPA Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil, Gas & Consumable Fuels space 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 Eni SPA. If investors know Eni 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 Eni SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.23 | Earnings Share 1.62 | Revenue Per Share 57.642 | Quarterly Revenue Growth (0.07) |
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA'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 Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA'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 Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA'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.