Environmental (Australia) Probability of Future Stock Price Finishing Under 0.27
| EGL Stock | 0.27 0.01 3.57% |
Environmental |
Environmental Target Price Odds to finish below 0.27
The tendency of Environmental 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 below current price in 90 days |
| 0.27 | 90 days | 0.27 | roughly 2.63 |
Based on a normal probability distribution, the odds of Environmental to move below current price in 90 days from now is roughly 2.63 (This The Environmental Group probability density function shows the probability of Environmental Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Environmental has a beta of 0.22 suggesting as returns on the market go up, Environmental average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Environmental Group will be expected to be much smaller as well. Additionally The Environmental Group 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. Environmental Price Density |
| Price |
Predictive Modules for Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as The Environmental. 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.Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Environmental is not an exception. The market had few large corrections towards the Environmental'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 The Environmental Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.19 |
Environmental 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 Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for The Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The Environmental generated a negative expected return over the last 90 days | |
| The Environmental has some characteristics of a very speculative penny stock | |
| The Environmental has high historical volatility and very poor performance | |
| The Environmental is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Environmental Groups earnings growth rate lags the 43 percent CAGR delivered to shareholders - Yahoo Finance |
Environmental 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 Environmental Stock often depends not only on the future outlook of the current and potential Environmental'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. Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 381.5 M | |
| Cash And Short Term Investments | 10.1 M |
Environmental Technical Analysis
Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. Environmental Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Environmental Group. In general, you should focus on analyzing Environmental Stock price patterns and their correlations with different microeconomic environments and drivers.
Environmental Predictive Forecast Models
Environmental's time-series forecasting models is one of many Environmental'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 Environmental'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 The Environmental
Checking the ongoing alerts about Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for The Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The Environmental generated a negative expected return over the last 90 days | |
| The Environmental has some characteristics of a very speculative penny stock | |
| The Environmental has high historical volatility and very poor performance | |
| The Environmental is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Environmental Groups earnings growth rate lags the 43 percent CAGR delivered to shareholders - Yahoo Finance |
Additional Tools for Environmental Stock Analysis
When running Environmental's price analysis, check to measure Environmental'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 Environmental is operating at the current time. Most of Environmental's value examination focuses on studying past and present price action to predict the probability of Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental's price. Additionally, you may evaluate how the addition of Environmental to your portfolios can decrease your overall portfolio volatility.