ENEX Energy (Philippines) Probability of Future Stock Price Finishing Over 11.37
| ENEX Stock | 4.19 0.09 2.10% |
ENEX |
ENEX Energy Target Price Odds to finish over 11.37
The tendency of ENEX 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 11.37 or more in 90 days |
| 4.19 | 90 days | 11.37 | close to zero percent |
Based on a normal probability distribution, the odds of ENEX Energy to move over 11.37 or more in 90 days from now is close to zero percent (This ENEX Energy Corp probability density function shows the probability of ENEX Stock to fall within a particular range of prices over 90 days) . Probability of ENEX Energy Corp price to stay between its current price of 4.19 and 11.37 at the end of the 90-day period is about 78.34 .
Assuming the 90 days trading horizon ENEX Energy Corp has a beta of -0.47 suggesting as returns on the benchmark increase, returns on holding ENEX Energy are expected to decrease at a much lower rate. During a bear market, however, ENEX Energy Corp is likely to outperform the market. Additionally ENEX Energy Corp 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. ENEX Energy Price Density |
| Price |
Predictive Modules for ENEX Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENEX Energy Corp. 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.ENEX Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENEX Energy is not an exception. The market had few large corrections towards the ENEX Energy'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 ENEX Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENEX Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.17 |
ENEX Energy 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 ENEX Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENEX Energy 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.| ENEX Energy Corp generated a negative expected return over the last 90 days | |
| ENEX Energy Corp has high likelihood to experience some financial distress in the next 2 years |
ENEX Energy Technical Analysis
ENEX Energy's future price can be derived by breaking down and analyzing its technical indicators over time. ENEX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENEX Energy Corp. In general, you should focus on analyzing ENEX Stock price patterns and their correlations with different microeconomic environments and drivers.
ENEX Energy Predictive Forecast Models
ENEX Energy's time-series forecasting models is one of many ENEX Energy'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 ENEX Energy'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 ENEX Energy Corp
Checking the ongoing alerts about ENEX Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENEX Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENEX Energy Corp generated a negative expected return over the last 90 days | |
| ENEX Energy Corp has high likelihood to experience some financial distress in the next 2 years |
Additional Tools for ENEX Stock Analysis
When running ENEX Energy's price analysis, check to measure ENEX Energy'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 ENEX Energy is operating at the current time. Most of ENEX Energy's value examination focuses on studying past and present price action to predict the probability of ENEX Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENEX Energy's price. Additionally, you may evaluate how the addition of ENEX Energy to your portfolios can decrease your overall portfolio volatility.