Ecn Capital Corp Stock Probability of Future Stock Price Finishing Over 3.49
| ECN Stock | CAD 2.81 0.03 1.08% |
ECN |
ECN Capital Target Price Odds to finish over 3.49
The tendency of ECN 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 C$ 3.49 or more in 90 days |
| 2.81 | 90 days | 3.49 | near 1 |
Based on a normal probability distribution, the odds of ECN Capital to move over C$ 3.49 or more in 90 days from now is near 1 (This ECN Capital Corp probability density function shows the probability of ECN Stock to fall within a particular range of prices over 90 days) . Probability of ECN Capital Corp price to stay between its current price of C$ 2.81 and C$ 3.49 at the end of the 90-day period is about 6.47 .
Assuming the 90 days trading horizon ECN Capital has a beta of 0.9 suggesting ECN Capital Corp market returns are highly reactive to returns on the market. As the market goes up or down, ECN Capital is expected to follow. Additionally ECN Capital Corp has an alpha of 0.3142, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ECN Capital Price Density |
| Price |
Predictive Modules for ECN Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ECN Capital 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.ECN Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ECN Capital is not an exception. The market had few large corrections towards the ECN Capital'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 ECN Capital Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ECN Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | 0.08 |
ECN Capital 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 ECN Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ECN Capital 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.| ECN Capital Corp appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 79.48 M. Net Loss for the year was (106.78 M) with profit before overhead, payroll, taxes, and interest of 155.36 M. | |
| ECN Capital Corp has accumulated about 62.53 M in cash with (26.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ECN Capital Is Due To Pay A Dividend Of 0.01 - Yahoo Finance |
ECN Capital 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 ECN Stock often depends not only on the future outlook of the current and potential ECN Capital'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. ECN Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 254.7 M | |
| Cash And Short Term Investments | 23.2 M |
ECN Capital Technical Analysis
ECN Capital's future price can be derived by breaking down and analyzing its technical indicators over time. ECN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ECN Capital Corp. In general, you should focus on analyzing ECN Stock price patterns and their correlations with different microeconomic environments and drivers.
ECN Capital Predictive Forecast Models
ECN Capital's time-series forecasting models is one of many ECN Capital'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 ECN Capital'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 ECN Capital Corp
Checking the ongoing alerts about ECN Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ECN Capital Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ECN Capital Corp appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 79.48 M. Net Loss for the year was (106.78 M) with profit before overhead, payroll, taxes, and interest of 155.36 M. | |
| ECN Capital Corp has accumulated about 62.53 M in cash with (26.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ECN Capital Is Due To Pay A Dividend Of 0.01 - Yahoo Finance |
Other Information on Investing in ECN Stock
ECN Capital financial ratios help investors to determine whether ECN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECN with respect to the benefits of owning ECN Capital security.