Ecd Automotive Design Stock Probability of Future Stock Price Finishing Over 11.45
| ECDA Stock | 0.95 0.03 3.06% |
ECD |
ECD Automotive Target Price Odds to finish over 11.45
The tendency of ECD 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 11.45 or more in 90 days |
| 0.95 | 90 days | 11.45 | close to zero percent |
Based on a normal probability distribution, the odds of ECD Automotive to move over 11.45 or more in 90 days from now is close to zero percent (This ECD Automotive Design probability density function shows the probability of ECD Stock to fall within a particular range of prices over 90 days) . Probability of ECD Automotive Design price to stay between its current price of 0.95 and 11.45 at the end of the 90-day period is about 90.19 .
Given the investment horizon of 90 days ECD Automotive has a beta of 0.31 suggesting as returns on the market go up, ECD Automotive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ECD Automotive Design will be expected to be much smaller as well. Additionally ECD Automotive Design 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. ECD Automotive Price Density |
| Price |
Predictive Modules for ECD Automotive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ECD Automotive Design. 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 ECD Automotive'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.
ECD Automotive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ECD Automotive is not an exception. The market had few large corrections towards the ECD Automotive'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 ECD Automotive Design, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ECD Automotive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.05 |
ECD Automotive 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 ECD Automotive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ECD Automotive Design can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ECD Automotive generated a negative expected return over the last 90 days | |
| ECD Automotive has some characteristics of a very speculative penny stock | |
| ECD Automotive has high historical volatility and very poor performance | |
| ECD Automotive has high likelihood to experience some financial distress in the next 2 years | |
| ECD Automotive Design was previously known as EF Hutton Acquisition and was traded on NASDAQ Exchange under the symbol EFHT. | |
| The company reported the previous year's revenue of 15.12 M. Net Loss for the year was (1.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ECD Automotive generates negative cash flow from operations | |
| ECD Automotive has a frail financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: ECD Auto Design Signs With Ten Easy Street of Nantucket to Expand Retail Presence |
ECD Automotive 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 ECD Stock often depends not only on the future outlook of the current and potential ECD Automotive'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. ECD Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.9 M | |
| Cash And Short Term Investments | 8.1 M |
ECD Automotive Technical Analysis
ECD Automotive's future price can be derived by breaking down and analyzing its technical indicators over time. ECD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ECD Automotive Design. In general, you should focus on analyzing ECD Stock price patterns and their correlations with different microeconomic environments and drivers.
ECD Automotive Predictive Forecast Models
ECD Automotive's time-series forecasting models is one of many ECD Automotive'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 ECD Automotive'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 ECD Automotive Design
Checking the ongoing alerts about ECD Automotive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ECD Automotive Design help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ECD Automotive generated a negative expected return over the last 90 days | |
| ECD Automotive has some characteristics of a very speculative penny stock | |
| ECD Automotive has high historical volatility and very poor performance | |
| ECD Automotive has high likelihood to experience some financial distress in the next 2 years | |
| ECD Automotive Design was previously known as EF Hutton Acquisition and was traded on NASDAQ Exchange under the symbol EFHT. | |
| The company reported the previous year's revenue of 15.12 M. Net Loss for the year was (1.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ECD Automotive generates negative cash flow from operations | |
| ECD Automotive has a frail financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: ECD Auto Design Signs With Ten Easy Street of Nantucket to Expand Retail Presence |
Check out ECD Automotive Backtesting, ECD Automotive Valuation, ECD Automotive Correlation, ECD Automotive Hype Analysis, ECD Automotive Volatility, ECD Automotive History as well as ECD Automotive Performance. 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.
Is Automobile Manufacturers 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 ECD Automotive. If investors know ECD 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 ECD Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.893 | Quarterly Revenue Growth 1.294 | Return On Assets 0.0181 |
The market value of ECD Automotive Design is measured differently than its book value, which is the value of ECD that is recorded on the company's balance sheet. Investors also form their own opinion of ECD Automotive's value that differs from its market value or its book value, called intrinsic value, which is ECD Automotive'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 ECD Automotive's market value can be influenced by many factors that don't directly affect ECD Automotive'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 ECD Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECD Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECD Automotive'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.