Electronic Systems Technology Stock Probability of Future Pink Sheet Price Finishing Over 0.2
| ELST Stock | USD 0.20 0.01 4.76% |
Electronic |
Electronic Systems Target Price Odds to finish over 0.2
The tendency of Electronic 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 above the current price in 90 days |
| 0.20 | 90 days | 0.20 | more than 94.0 |
Based on a normal probability distribution, the odds of Electronic Systems to move above the current price in 90 days from now is more than 94.0 (This Electronic Systems Technology probability density function shows the probability of Electronic Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Electronic Systems has a beta of 0.33 suggesting as returns on the market go up, Electronic Systems average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Electronic Systems Technology will be expected to be much smaller as well. Additionally Electronic Systems Technology 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. Electronic Systems Price Density |
| Price |
Predictive Modules for Electronic Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronic Systems. 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 Electronic Systems' 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.
Electronic Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electronic Systems is not an exception. The market had few large corrections towards the Electronic Systems' 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 Electronic Systems Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electronic Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Electronic Systems 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 Electronic Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electronic Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electronic Systems generated a negative expected return over the last 90 days | |
| Electronic Systems has some characteristics of a very speculative penny stock | |
| About 33.0% of the company shares are held by company insiders |
Electronic Systems 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 Electronic Pink Sheet often depends not only on the future outlook of the current and potential Electronic Systems' 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. Electronic Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.9 M | |
| Cash And Short Term Investments | 1.1 M |
Electronic Systems Technical Analysis
Electronic Systems' future price can be derived by breaking down and analyzing its technical indicators over time. Electronic Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electronic Systems Technology. In general, you should focus on analyzing Electronic Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Electronic Systems Predictive Forecast Models
Electronic Systems' time-series forecasting models is one of many Electronic Systems' 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 Electronic Systems' 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 Electronic Systems
Checking the ongoing alerts about Electronic Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electronic Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electronic Systems generated a negative expected return over the last 90 days | |
| Electronic Systems has some characteristics of a very speculative penny stock | |
| About 33.0% of the company shares are held by company insiders |
Additional Tools for Electronic Pink Sheet Analysis
When running Electronic Systems' price analysis, check to measure Electronic Systems' 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 Electronic Systems is operating at the current time. Most of Electronic Systems' value examination focuses on studying past and present price action to predict the probability of Electronic Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronic Systems' price. Additionally, you may evaluate how the addition of Electronic Systems to your portfolios can decrease your overall portfolio volatility.