Enfy Stock Chance of Future Stock Price Finishing Under 1.78
| ENFY Stock | 1.27 0.04 3.05% |
ENFY |
ENFY Target Price Odds to finish below 1.78
The tendency of ENFY 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 stay under 1.78 after 90 days |
| 1.27 | 90 days | 1.78 | about 31.51 |
Based on a normal probability distribution, the odds of ENFY to stay under 1.78 after 90 days from now is about 31.51 (This ENFY probability density function shows the probability of ENFY Stock to fall within a particular range of prices over 90 days) . Probability of ENFY price to stay between its current price of 1.27 and 1.78 at the end of the 90-day period is about 31.26 .
Given the investment horizon of 90 days ENFY has a beta of -1.68 suggesting as returns on its benchmark rise, returns on holding ENFY are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ENFY is expected to outperform its benchmark. Additionally ENFY has an alpha of 0.0427, implying that it can generate a 0.0427 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ENFY Price Density |
| Price |
Predictive Modules for ENFY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENFY. 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.ENFY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENFY is not an exception. The market had few large corrections towards the ENFY'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 ENFY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENFY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -1.68 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.03 |
ENFY 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 ENFY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENFY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ENFY generated a negative expected return over the last 90 days | |
| ENFY has high historical volatility and very poor performance | |
| ENFY may become a speculative penny stock | |
| ENFY was previously known as China Green Agriculture and was traded on New York Stock Exchange under the symbol CGA. | |
| Latest headline from news.google.com: ENFY Stock Touches 52-Week Low at 1.59 Amid Market Challenges By Investing.com - Investing.com South Africa |
ENFY Technical Analysis
ENFY's future price can be derived by breaking down and analyzing its technical indicators over time. ENFY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENFY. In general, you should focus on analyzing ENFY Stock price patterns and their correlations with different microeconomic environments and drivers.
ENFY Predictive Forecast Models
ENFY's time-series forecasting models is one of many ENFY'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 ENFY'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 ENFY
Checking the ongoing alerts about ENFY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENFY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENFY generated a negative expected return over the last 90 days | |
| ENFY has high historical volatility and very poor performance | |
| ENFY may become a speculative penny stock | |
| ENFY was previously known as China Green Agriculture and was traded on New York Stock Exchange under the symbol CGA. | |
| Latest headline from news.google.com: ENFY Stock Touches 52-Week Low at 1.59 Amid Market Challenges By Investing.com - Investing.com South Africa |
Additional Tools for ENFY Stock Analysis
When running ENFY's price analysis, check to measure ENFY'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 ENFY is operating at the current time. Most of ENFY's value examination focuses on studying past and present price action to predict the probability of ENFY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENFY's price. Additionally, you may evaluate how the addition of ENFY to your portfolios can decrease your overall portfolio volatility.