Entertainment Network (India) Probability of Future Stock Price Finishing Over 183.74
| ENIL Stock | 180.02 0.16 0.09% |
Entertainment |
Entertainment Network Target Price Odds to finish over 183.74
The tendency of Entertainment 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 183.74 or more in 90 days |
| 180.02 | 90 days | 183.74 | about 90.44 |
Based on a normal probability distribution, the odds of Entertainment Network to move over 183.74 or more in 90 days from now is about 90.44 (This Entertainment Network Limited probability density function shows the probability of Entertainment Stock to fall within a particular range of prices over 90 days) . Probability of Entertainment Network price to stay between its current price of 180.02 and 183.74 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Entertainment Network Limited has a beta of -0.16 suggesting as returns on the benchmark increase, returns on holding Entertainment Network are expected to decrease at a much lower rate. During a bear market, however, Entertainment Network Limited is likely to outperform the market. Additionally Entertainment Network Limited 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. Entertainment Network Price Density |
| Price |
Predictive Modules for Entertainment Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Entertainment Network. 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.Entertainment Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Entertainment Network is not an exception. The market had few large corrections towards the Entertainment Network'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 Entertainment Network Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Entertainment Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 13.28 | |
Ir | Information ratio | -0.12 |
Entertainment Network 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 Entertainment Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Entertainment Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Entertainment Network generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Zee Entertainment shares surge over 6 percent as MD Punit Goenka resigns - The Economic Times |
Entertainment Network 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 Entertainment Stock often depends not only on the future outlook of the current and potential Entertainment Network'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. Entertainment Network's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.7 M | |
| Cash And Short Term Investments | 3.8 B |
Entertainment Network Technical Analysis
Entertainment Network's future price can be derived by breaking down and analyzing its technical indicators over time. Entertainment Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Entertainment Network Limited. In general, you should focus on analyzing Entertainment Stock price patterns and their correlations with different microeconomic environments and drivers.
Entertainment Network Predictive Forecast Models
Entertainment Network's time-series forecasting models is one of many Entertainment Network'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 Entertainment Network'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 Entertainment Network
Checking the ongoing alerts about Entertainment Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Entertainment Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Entertainment Network generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Zee Entertainment shares surge over 6 percent as MD Punit Goenka resigns - The Economic Times |
Additional Tools for Entertainment Stock Analysis
When running Entertainment Network's price analysis, check to measure Entertainment Network'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 Entertainment Network is operating at the current time. Most of Entertainment Network's value examination focuses on studying past and present price action to predict the probability of Entertainment Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entertainment Network's price. Additionally, you may evaluate how the addition of Entertainment Network to your portfolios can decrease your overall portfolio volatility.