ENGIE Energia (Peru) Probability of Future Stock Price Finishing Under 0.97
| ENGIEC1 Stock | 4.18 0.01 0.24% |
ENGIE |
ENGIE Energia Target Price Odds to finish below 0.97
The tendency of ENGIE 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 drop to 0.97 or more in 90 days |
| 4.18 | 90 days | 0.97 | near 1 |
Based on a normal probability distribution, the odds of ENGIE Energia to drop to 0.97 or more in 90 days from now is near 1 (This ENGIE Energia Peru probability density function shows the probability of ENGIE Stock to fall within a particular range of prices over 90 days) . Probability of ENGIE Energia Peru price to stay between 0.97 and its current price of 4.18 at the end of the 90-day period is about 78.7 .
Assuming the 90 days trading horizon ENGIE Energia Peru has a beta of -0.33 suggesting as returns on the benchmark increase, returns on holding ENGIE Energia are expected to decrease at a much lower rate. During a bear market, however, ENGIE Energia Peru is likely to outperform the market. Additionally ENGIE Energia Peru has an alpha of 0.0194, implying that it can generate a 0.0194 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ENGIE Energia Price Density |
| Price |
Predictive Modules for ENGIE Energia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENGIE Energia Peru. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ENGIE Energia'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.
ENGIE Energia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENGIE Energia is not an exception. The market had few large corrections towards the ENGIE Energia'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 ENGIE Energia Peru, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENGIE Energia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.11 |
ENGIE Energia Technical Analysis
ENGIE Energia's future price can be derived by breaking down and analyzing its technical indicators over time. ENGIE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENGIE Energia Peru. In general, you should focus on analyzing ENGIE Stock price patterns and their correlations with different microeconomic environments and drivers.
ENGIE Energia Predictive Forecast Models
ENGIE Energia's time-series forecasting models is one of many ENGIE Energia'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 ENGIE Energia'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ENGIE Energia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ENGIE Energia's short interest history, or implied volatility extrapolated from ENGIE Energia options trading.
Other Information on Investing in ENGIE Stock
ENGIE Energia financial ratios help investors to determine whether ENGIE 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 ENGIE with respect to the benefits of owning ENGIE Energia security.