Endocan Corp Stock Probability of Future Pink Sheet Price Finishing Over 380.46
| ENDO Stock | USD 0.0001 0.00 0.00% |
Endocan |
Endocan Corp Target Price Odds to finish over 380.46
The tendency of Endocan 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 $ 380.46 or more in 90 days |
| 0.0001 | 90 days | 380.46 | close to zero percent |
Based on a normal probability distribution, the odds of Endocan Corp to move over $ 380.46 or more in 90 days from now is close to zero percent (This Endocan Corp probability density function shows the probability of Endocan Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Endocan Corp price to stay between its current price of $ 0.0001 and $ 380.46 at the end of the 90-day period is close to zero percent.
Given the investment horizon of 90 days Endocan Corp has the beta coefficient that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and Endocan Corp do not appear to be highly reactive. Additionally It does not look like Endocan Corp's alpha can have any bearing on the current valuation. Endocan Corp Price Density |
| Price |
Predictive Modules for Endocan Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Endocan Corp. 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 Endocan Corp'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.
Endocan Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Endocan Corp is not an exception. The market had few large corrections towards the Endocan Corp'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 Endocan Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Endocan Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000012 | |
Ir | Information ratio | 0.00 |
Endocan Corp 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 Endocan Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Endocan Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Endocan Corp is way too risky over 90 days horizon | |
| Endocan Corp has some characteristics of a very speculative penny stock | |
| Endocan Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (3.31 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Endocan Corp currently holds about 59 in cash with (105.94 K) of positive cash flow from operations. |
Endocan Corp 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 Endocan Pink Sheet often depends not only on the future outlook of the current and potential Endocan Corp'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. Endocan Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Short Long Term Debt | 271.7 K | |
| Shares Float | 32.9 M |
Endocan Corp Technical Analysis
Endocan Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Endocan Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Endocan Corp. In general, you should focus on analyzing Endocan Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Endocan Corp Predictive Forecast Models
Endocan Corp's time-series forecasting models is one of many Endocan Corp'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 Endocan Corp'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 Endocan Corp
Checking the ongoing alerts about Endocan Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Endocan Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Endocan Corp is way too risky over 90 days horizon | |
| Endocan Corp has some characteristics of a very speculative penny stock | |
| Endocan Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (3.31 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Endocan Corp currently holds about 59 in cash with (105.94 K) of positive cash flow from operations. |
Other Information on Investing in Endocan Pink Sheet
Endocan Corp financial ratios help investors to determine whether Endocan Pink Sheet 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 Endocan with respect to the benefits of owning Endocan Corp security.