Eidesvik Offshore (Norway) Probability of Future Stock Price Finishing Over 15.74

EIOF Stock  NOK 13.22  0.10  0.75%   
Eidesvik Offshore's future price is the expected price of Eidesvik Offshore instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Eidesvik Offshore ASA performance during a given time horizon utilizing its historical volatility. Check out Eidesvik Offshore Backtesting, Eidesvik Offshore Valuation, Eidesvik Offshore Correlation, Eidesvik Offshore Hype Analysis, Eidesvik Offshore Volatility, Eidesvik Offshore History as well as Eidesvik Offshore Performance.
  
Please specify Eidesvik Offshore's target price for which you would like Eidesvik Offshore odds to be computed.

Eidesvik Offshore 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 Eidesvik Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eidesvik Offshore ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Eidesvik Offshore generated a negative expected return over the last 90 days
Eidesvik Offshore has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 569.48 M. Net Loss for the year was (15.75 M) with profit before overhead, payroll, taxes, and interest of 296.44 M.
About 81.0% of the company shares are held by company insiders

Eidesvik Offshore 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 Eidesvik Stock often depends not only on the future outlook of the current and potential Eidesvik Offshore'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. Eidesvik Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments303.1 M

Eidesvik Offshore Technical Analysis

Eidesvik Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. Eidesvik Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eidesvik Offshore ASA. In general, you should focus on analyzing Eidesvik Stock price patterns and their correlations with different microeconomic environments and drivers.

Eidesvik Offshore Predictive Forecast Models

Eidesvik Offshore's time-series forecasting models is one of many Eidesvik Offshore'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 Eidesvik Offshore'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 Eidesvik Offshore ASA

Checking the ongoing alerts about Eidesvik Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eidesvik Offshore ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Eidesvik Offshore generated a negative expected return over the last 90 days
Eidesvik Offshore has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 569.48 M. Net Loss for the year was (15.75 M) with profit before overhead, payroll, taxes, and interest of 296.44 M.
About 81.0% of the company shares are held by company insiders

Other Information on Investing in Eidesvik Stock

Eidesvik Offshore financial ratios help investors to determine whether Eidesvik 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 Eidesvik with respect to the benefits of owning Eidesvik Offshore security.