ENCE Energa (Spain) Probability of Future Stock Price Finishing Over 4.44
| ENC Stock | EUR 2.83 0.03 1.05% |
ENCE |
ENCE Energa Target Price Odds to finish over 4.44
The tendency of ENCE 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 over € 4.44 or more in 90 days |
| 2.83 | 90 days | 4.44 | close to zero percent |
Based on a normal probability distribution, the odds of ENCE Energa to move over € 4.44 or more in 90 days from now is close to zero percent (This ENCE Energa y probability density function shows the probability of ENCE Stock to fall within a particular range of prices over 90 days) . Probability of ENCE Energa y price to stay between its current price of € 2.83 and € 4.44 at the end of the 90-day period is about 83.92 .
Assuming the 90 days trading horizon ENCE Energa has a beta of 0.37 suggesting as returns on the market go up, ENCE Energa average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENCE Energa y will be expected to be much smaller as well. Additionally ENCE Energa y 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. ENCE Energa Price Density |
| Price |
Predictive Modules for ENCE Energa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENCE Energa y. 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.ENCE Energa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENCE Energa is not an exception. The market had few large corrections towards the ENCE Energa'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 ENCE Energa y, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENCE Energa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.16 |
ENCE Energa 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 ENCE Energa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENCE Energa y can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ENCE Energa y generated a negative expected return over the last 90 days | |
| ENCE Energa y has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 819.67 M. Net Loss for the year was (190.41 M) with profit before overhead, payroll, taxes, and interest of 430.18 M. | |
| About 44.0% of the company shares are held by company insiders |
ENCE Energa 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 ENCE Stock often depends not only on the future outlook of the current and potential ENCE Energa'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. ENCE Energa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 242.3 M |
ENCE Energa Technical Analysis
ENCE Energa's future price can be derived by breaking down and analyzing its technical indicators over time. ENCE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENCE Energa y. In general, you should focus on analyzing ENCE Stock price patterns and their correlations with different microeconomic environments and drivers.
ENCE Energa Predictive Forecast Models
ENCE Energa's time-series forecasting models is one of many ENCE Energa'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 ENCE Energa'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 ENCE Energa y
Checking the ongoing alerts about ENCE Energa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENCE Energa y help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENCE Energa y generated a negative expected return over the last 90 days | |
| ENCE Energa y has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 819.67 M. Net Loss for the year was (190.41 M) with profit before overhead, payroll, taxes, and interest of 430.18 M. | |
| About 44.0% of the company shares are held by company insiders |
Other Information on Investing in ENCE Stock
ENCE Energa financial ratios help investors to determine whether ENCE 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 ENCE with respect to the benefits of owning ENCE Energa security.