Enjoei SA (Brazil) Probability of Future Stock Price Finishing Over 4.61
| ENJU3 Stock | BRL 1.15 0.04 3.36% |
Enjoei |
Enjoei SA Target Price Odds to finish over 4.61
The tendency of Enjoei 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 R$ 4.61 or more in 90 days |
| 1.15 | 90 days | 4.61 | close to zero percent |
Based on a normal probability distribution, the odds of Enjoei SA to move over R$ 4.61 or more in 90 days from now is close to zero percent (This Enjoei SA probability density function shows the probability of Enjoei Stock to fall within a particular range of prices over 90 days) . Probability of Enjoei SA price to stay between its current price of R$ 1.15 and R$ 4.61 at the end of the 90-day period is about 92.1 .
Assuming the 90 days trading horizon Enjoei SA has a beta of 0.61 suggesting as returns on the market go up, Enjoei SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enjoei SA will be expected to be much smaller as well. Additionally Enjoei 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. Enjoei SA Price Density |
| Price |
Predictive Modules for Enjoei SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enjoei 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.Enjoei SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enjoei SA is not an exception. The market had few large corrections towards the Enjoei SA'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 Enjoei SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enjoei SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.66 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.21 |
Enjoei SA 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 Enjoei SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enjoei 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.| Enjoei SA generated a negative expected return over the last 90 days | |
| Enjoei SA may become a speculative penny stock | |
| Enjoei SA has high historical volatility and very poor performance | |
| The company reported the revenue of 106.14 M. Net Loss for the year was (118.78 M) with profit before overhead, payroll, taxes, and interest of 27.77 M. | |
| Enjoei SA has accumulated about 369.18 M in cash with (68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 27.0% of the company shares are held by company insiders |
Enjoei SA 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 Enjoei Stock often depends not only on the future outlook of the current and potential Enjoei SA'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. Enjoei SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 197 M | |
| Cash And Short Term Investments | 391.7 M |
Enjoei SA Technical Analysis
Enjoei SA's future price can be derived by breaking down and analyzing its technical indicators over time. Enjoei Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enjoei SA. In general, you should focus on analyzing Enjoei Stock price patterns and their correlations with different microeconomic environments and drivers.
Enjoei SA Predictive Forecast Models
Enjoei SA's time-series forecasting models is one of many Enjoei SA'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 Enjoei SA'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 Enjoei SA
Checking the ongoing alerts about Enjoei SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enjoei SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enjoei SA generated a negative expected return over the last 90 days | |
| Enjoei SA may become a speculative penny stock | |
| Enjoei SA has high historical volatility and very poor performance | |
| The company reported the revenue of 106.14 M. Net Loss for the year was (118.78 M) with profit before overhead, payroll, taxes, and interest of 27.77 M. | |
| Enjoei SA has accumulated about 369.18 M in cash with (68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 27.0% of the company shares are held by company insiders |
Additional Tools for Enjoei Stock Analysis
When running Enjoei SA's price analysis, check to measure Enjoei SA'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 Enjoei SA is operating at the current time. Most of Enjoei SA's value examination focuses on studying past and present price action to predict the probability of Enjoei SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enjoei SA's price. Additionally, you may evaluate how the addition of Enjoei SA to your portfolios can decrease your overall portfolio volatility.