Enel Generacin (Chile) Probability of Future Stock Price Finishing Over 379.57
| ENELGXCH | CLP 374.70 5.11 1.38% |
Enel |
Enel Generacin Target Price Odds to finish over 379.57
The tendency of Enel 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 379.57 or more in 90 days |
| 374.70 | 90 days | 379.57 | roughly 2.17 |
Based on a normal probability distribution, the odds of Enel Generacin to move over 379.57 or more in 90 days from now is roughly 2.17 (This Enel Generacin Chile probability density function shows the probability of Enel Stock to fall within a particular range of prices over 90 days) . Probability of Enel Generacin Chile price to stay between its current price of 374.70 and 379.57 at the end of the 90-day period is about 1.89 .
Assuming the 90 days trading horizon Enel Generacin Chile has a beta of -0.0707 suggesting as returns on the benchmark increase, returns on holding Enel Generacin are expected to decrease at a much lower rate. During a bear market, however, Enel Generacin Chile is likely to outperform the market. Additionally Enel Generacin Chile has an alpha of 0.2086, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Enel Generacin Price Density |
| Price |
Predictive Modules for Enel Generacin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enel Generacin Chile. 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.Enel Generacin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enel Generacin is not an exception. The market had few large corrections towards the Enel Generacin'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 Enel Generacin Chile, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enel Generacin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 17.64 | |
Ir | Information ratio | 0.11 |
Enel Generacin 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 Enel Generacin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enel Generacin Chile can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 94.0% of the company shares are held by company insiders |
Enel Generacin Technical Analysis
Enel Generacin's future price can be derived by breaking down and analyzing its technical indicators over time. Enel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enel Generacin Chile. In general, you should focus on analyzing Enel Stock price patterns and their correlations with different microeconomic environments and drivers.
Enel Generacin Predictive Forecast Models
Enel Generacin's time-series forecasting models is one of many Enel Generacin'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 Enel Generacin'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 Enel Generacin Chile
Checking the ongoing alerts about Enel Generacin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enel Generacin Chile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 94.0% of the company shares are held by company insiders |
Other Information on Investing in Enel Stock
Enel Generacin financial ratios help investors to determine whether Enel 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 Enel with respect to the benefits of owning Enel Generacin security.