Elcom International Probability of Future Pink Sheet Price Finishing Over 11.0
| ELCODelisted Stock | USD 10.00 0.00 0.00% |
Elcom |
Elcom International Target Price Odds to finish over 11.0
The tendency of Elcom Pink Sheet 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 $ 11.00 or more in 90 days |
| 10.00 | 90 days | 11.00 | about 16.35 |
Based on a normal probability distribution, the odds of Elcom International to move over $ 11.00 or more in 90 days from now is about 16.35 (This Elcom International probability density function shows the probability of Elcom Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Elcom International price to stay between its current price of $ 10.00 and $ 11.00 at the end of the 90-day period is about 68.25 .
Given the investment horizon of 90 days Elcom International has a beta of 0.89 suggesting Elcom International market returns are highly reactive to returns on the market. As the market goes up or down, Elcom International is expected to follow. Additionally Elcom International 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. Elcom International Price Density |
| Price |
Predictive Modules for Elcom International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elcom International. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elcom International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Elcom International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elcom International is not an exception. The market had few large corrections towards the Elcom International'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 Elcom International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elcom International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.25 |
Elcom International 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 Elcom International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elcom International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elcom International is not yet fully synchronised with the market data | |
| Elcom International has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Elcom International until it has trouble settling it off, either with new capital or with free cash flow. So, Elcom International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcom International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcom to invest in growth at high rates of return. When we think about Elcom International's use of debt, we should always consider it together with cash and equity. | |
| Elcom International reported the previous year's revenue of 5.38 M. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 4.18 M. | |
| Elcom International currently holds about 1.58 M in cash with (3.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14. |
Elcom International Technical Analysis
Elcom International's future price can be derived by breaking down and analyzing its technical indicators over time. Elcom Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elcom International. In general, you should focus on analyzing Elcom Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Elcom International Predictive Forecast Models
Elcom International's time-series forecasting models is one of many Elcom International's pink sheet 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 Elcom International'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Elcom International
Checking the ongoing alerts about Elcom International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elcom International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elcom International is not yet fully synchronised with the market data | |
| Elcom International has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Elcom International until it has trouble settling it off, either with new capital or with free cash flow. So, Elcom International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcom International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcom to invest in growth at high rates of return. When we think about Elcom International's use of debt, we should always consider it together with cash and equity. | |
| Elcom International reported the previous year's revenue of 5.38 M. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 4.18 M. | |
| Elcom International currently holds about 1.58 M in cash with (3.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14. |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Elcom Pink Sheet
If you are still planning to invest in Elcom International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elcom International's history and understand the potential risks before investing.
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