Elong Power Holding Stock Probability of Future Stock Price Finishing Under 1.31
| ELPW Stock | 1.41 0.10 7.63% |
Elong |
Elong Power Target Price Odds to finish below 1.31
The tendency of Elong 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 drop to 1.31 or more in 90 days |
| 1.41 | 90 days | 1.31 | near 1 |
Based on a normal probability distribution, the odds of Elong Power to drop to 1.31 or more in 90 days from now is near 1 (This Elong Power Holding probability density function shows the probability of Elong Stock to fall within a particular range of prices over 90 days) . Probability of Elong Power Holding price to stay between 1.31 and its current price of 1.41 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Elong Power Holding has a beta of -1.29 suggesting as returns on its benchmark rise, returns on holding Elong Power Holding are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Elong Power is expected to outperform its benchmark. Additionally Elong Power Holding 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. Elong Power Price Density |
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Predictive Modules for Elong Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elong Power Holding. 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.Elong Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elong Power is not an exception. The market had few large corrections towards the Elong Power'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 Elong Power Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elong Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.16 | |
β | Beta against Dow Jones | -1.29 | |
σ | Overall volatility | 2.93 | |
Ir | Information ratio | -0.22 |
Elong Power 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 Elong Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elong Power Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elong Power Holding generated a negative expected return over the last 90 days | |
| Elong Power Holding has high historical volatility and very poor performance | |
| Elong Power Holding may become a speculative penny stock |
Elong Power 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 Elong Stock often depends not only on the future outlook of the current and potential Elong Power'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. Elong Power's indicators that are reflective of the short sentiment are summarized in the table below.
Elong Power Technical Analysis
Elong Power's future price can be derived by breaking down and analyzing its technical indicators over time. Elong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elong Power Holding. In general, you should focus on analyzing Elong Stock price patterns and their correlations with different microeconomic environments and drivers.
Elong Power Predictive Forecast Models
Elong Power's time-series forecasting models is one of many Elong Power'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 Elong Power'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 Elong Power Holding
Checking the ongoing alerts about Elong Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elong Power Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elong Power Holding generated a negative expected return over the last 90 days | |
| Elong Power Holding has high historical volatility and very poor performance | |
| Elong Power Holding may become a speculative penny stock |
Additional Tools for Elong Stock Analysis
When running Elong Power's price analysis, check to measure Elong Power'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 Elong Power is operating at the current time. Most of Elong Power's value examination focuses on studying past and present price action to predict the probability of Elong Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elong Power's price. Additionally, you may evaluate how the addition of Elong Power to your portfolios can decrease your overall portfolio volatility.