Energy Technologies (Australia) Probability of Future Stock Price Finishing Under 0.031
| EGY Stock | 0.03 0 3.33% |
Energy |
Energy Technologies Target Price Odds to finish below 0.031
The tendency of Energy 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 |
| 0.03 | 90 days | 0.03 | about 20.03 |
Based on a normal probability distribution, the odds of Energy Technologies to move below current price in 90 days from now is about 20.03 (This Energy Technologies Limited probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Energy Technologies has a beta of 0.38 suggesting as returns on the market go up, Energy Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Energy Technologies Limited will be expected to be much smaller as well. Additionally Energy Technologies Limited 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. Energy Technologies Price Density |
| Price |
Predictive Modules for Energy Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Technologies. 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.Energy Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energy Technologies is not an exception. The market had few large corrections towards the Energy Technologies' 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 Energy Technologies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energy Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.11 |
Energy Technologies 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 Energy Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energy Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energy Technologies generated a negative expected return over the last 90 days | |
| Energy Technologies has some characteristics of a very speculative penny stock | |
| Energy Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 12.9 M. Net Loss for the year was (10.54 M) with loss before overhead, payroll, taxes, and interest of (231.43 K). | |
| Energy Technologies generates negative cash flow from operations | |
| About 25.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hillcrest Energy Technologies Ltd. to Present at November 21st Virtual Investor Summit Microcap Event - StockTitan |
Energy Technologies 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 Energy Stock often depends not only on the future outlook of the current and potential Energy Technologies' 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. Energy Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 375.8 M | |
| Cash And Short Term Investments | 66.7 K |
Energy Technologies Technical Analysis
Energy Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Energy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energy Technologies Limited. In general, you should focus on analyzing Energy Stock price patterns and their correlations with different microeconomic environments and drivers.
Energy Technologies Predictive Forecast Models
Energy Technologies' time-series forecasting models is one of many Energy Technologies' 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 Energy Technologies' 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 Energy Technologies
Checking the ongoing alerts about Energy Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energy Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energy Technologies generated a negative expected return over the last 90 days | |
| Energy Technologies has some characteristics of a very speculative penny stock | |
| Energy Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 12.9 M. Net Loss for the year was (10.54 M) with loss before overhead, payroll, taxes, and interest of (231.43 K). | |
| Energy Technologies generates negative cash flow from operations | |
| About 25.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hillcrest Energy Technologies Ltd. to Present at November 21st Virtual Investor Summit Microcap Event - StockTitan |
Additional Tools for Energy Stock Analysis
When running Energy Technologies' price analysis, check to measure Energy Technologies' 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 Energy Technologies is operating at the current time. Most of Energy Technologies' value examination focuses on studying past and present price action to predict the probability of Energy Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Technologies' price. Additionally, you may evaluate how the addition of Energy Technologies to your portfolios can decrease your overall portfolio volatility.