Enel Chile Sa Stock Probability of Future Stock Price Finishing Over 2.79
| ENIC Stock | USD 2.69 0.02 0.75% |
Enel |
Enel Chile Target Price Odds to finish over 2.79
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 $ 2.79 or more in 90 days |
| 2.69 | 90 days | 2.79 | about 19.87 |
Based on a normal probability distribution, the odds of Enel Chile to move over $ 2.79 or more in 90 days from now is about 19.87 (This Enel Chile SA probability density function shows the probability of Enel Stock to fall within a particular range of prices over 90 days) . Probability of Enel Chile SA price to stay between its current price of $ 2.69 and $ 2.79 at the end of the 90-day period is about 51.49 .
Given the investment horizon of 90 days Enel Chile has a beta of 0.48 suggesting as returns on the market go up, Enel Chile average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enel Chile SA will be expected to be much smaller as well. Additionally Enel Chile SA 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. Enel Chile Price Density |
| Price |
Predictive Modules for Enel Chile
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 Chile SA. 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 Chile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enel Chile is not an exception. The market had few large corrections towards the Enel Chile'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 Chile SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enel Chile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.09 |
Enel Chile 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 Chile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enel Chile SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enel Chile SA generated a negative expected return over the last 90 days | |
| Enel Chile SA currently holds 3.97 T in liabilities with Debt to Equity (D/E) ratio of 1.57, which is about average as compared to similar companies. Enel Chile SA has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Enel Chile's use of debt, we should always consider it together with its cash and equity. | |
| Enel Chile SA has a poor financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Enel Chile shares get Buy rating with ChP 62 target |
Enel Chile 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 Enel Stock often depends not only on the future outlook of the current and potential Enel Chile'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. Enel Chile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.2 M | |
| Cash And Short Term Investments | 631 B |
Enel Chile Technical Analysis
Enel Chile'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 Chile SA. In general, you should focus on analyzing Enel Stock price patterns and their correlations with different microeconomic environments and drivers.
Enel Chile Predictive Forecast Models
Enel Chile's time-series forecasting models is one of many Enel Chile'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 Chile'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 Chile SA
Checking the ongoing alerts about Enel Chile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enel Chile SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enel Chile SA generated a negative expected return over the last 90 days | |
| Enel Chile SA currently holds 3.97 T in liabilities with Debt to Equity (D/E) ratio of 1.57, which is about average as compared to similar companies. Enel Chile SA has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Enel Chile's use of debt, we should always consider it together with its cash and equity. | |
| Enel Chile SA has a poor financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Enel Chile shares get Buy rating with ChP 62 target |
Check out Enel Chile Backtesting, Enel Chile Valuation, Enel Chile Correlation, Enel Chile Hype Analysis, Enel Chile Volatility, Enel Chile History as well as Enel Chile Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enel Chile. If investors know Enel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enel Chile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.033 | Dividend Share 3.981 | Earnings Share 0.57 | Revenue Per Share 3.4 K | Quarterly Revenue Growth 0.234 |
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.