Everfuel (Norway) Odds of Future Stock Price Finishing Over 27.86
| EFUEL Stock | NOK 12.72 0.02 0.16% |
Everfuel |
Everfuel Target Price Odds to finish over 27.86
The tendency of Everfuel 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 27.86 or more in 90 days |
| 12.72 | 90 days | 27.86 | close to zero percent |
Based on a normal probability distribution, the odds of Everfuel to move over 27.86 or more in 90 days from now is close to zero percent (This Everfuel AS probability density function shows the probability of Everfuel Stock to fall within a particular range of prices over 90 days) . Probability of Everfuel AS price to stay between its current price of 12.72 and 27.86 at the end of the 90-day period is about 45.58 .
Assuming the 90 days trading horizon Everfuel AS has a beta of -0.22 suggesting as returns on the benchmark increase, returns on holding Everfuel are expected to decrease at a much lower rate. During a bear market, however, Everfuel AS is likely to outperform the market. Additionally Everfuel AS has an alpha of 0.7344, implying that it can generate a 0.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Everfuel Price Density |
| Price |
Predictive Modules for Everfuel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Everfuel AS. 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.Everfuel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Everfuel is not an exception. The market had few large corrections towards the Everfuel'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 Everfuel AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Everfuel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.73 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.90 | |
Ir | Information ratio | 0.1 |
Everfuel 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 Everfuel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Everfuel AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Everfuel AS is way too risky over 90 days horizon | |
| Everfuel AS appears to be risky and price may revert if volatility continues | |
| Everfuel AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 193 K. Net Loss for the year was (6.36 M) with loss before overhead, payroll, taxes, and interest of (137 K). | |
| Everfuel AS has accumulated about 59.3 M in cash with (5.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95. | |
| Roughly 80.0% of the company shares are held by company insiders |
Everfuel 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 Everfuel Stock often depends not only on the future outlook of the current and potential Everfuel'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. Everfuel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 59.3 M |
Everfuel Technical Analysis
Everfuel's future price can be derived by breaking down and analyzing its technical indicators over time. Everfuel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Everfuel AS. In general, you should focus on analyzing Everfuel Stock price patterns and their correlations with different microeconomic environments and drivers.
Everfuel Predictive Forecast Models
Everfuel's time-series forecasting models is one of many Everfuel'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 Everfuel'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 Everfuel AS
Checking the ongoing alerts about Everfuel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Everfuel AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Everfuel AS is way too risky over 90 days horizon | |
| Everfuel AS appears to be risky and price may revert if volatility continues | |
| Everfuel AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 193 K. Net Loss for the year was (6.36 M) with loss before overhead, payroll, taxes, and interest of (137 K). | |
| Everfuel AS has accumulated about 59.3 M in cash with (5.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95. | |
| Roughly 80.0% of the company shares are held by company insiders |
Other Information on Investing in Everfuel Stock
Everfuel financial ratios help investors to determine whether Everfuel 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 Everfuel with respect to the benefits of owning Everfuel security.