Entergy New Orleans Stock Probability of Future Stock Price Finishing Under 22.39
| ENO Stock | USD 23.42 0.02 0.09% |
Entergy |
Entergy New Target Price Odds to finish below 22.39
The tendency of Entergy 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 $ 22.39 or more in 90 days |
| 23.42 | 90 days | 22.39 | near 1 |
Based on a normal probability distribution, the odds of Entergy New to drop to $ 22.39 or more in 90 days from now is near 1 (This Entergy New Orleans probability density function shows the probability of Entergy Stock to fall within a particular range of prices over 90 days) . Probability of Entergy New Orleans price to stay between $ 22.39 and its current price of $23.42 at the end of the 90-day period is about 1.94 .
Considering the 90-day investment horizon Entergy New has a beta of 0.31 suggesting as returns on the market go up, Entergy New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Entergy New Orleans will be expected to be much smaller as well. Additionally Entergy New Orleans 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. Entergy New Price Density |
| Price |
Predictive Modules for Entergy New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Entergy New Orleans. 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.Entergy New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Entergy New is not an exception. The market had few large corrections towards the Entergy New'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 Entergy New Orleans, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Entergy New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.19 |
Entergy New 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 Entergy New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Entergy New Orleans can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Entergy New Orleans generated a negative expected return over the last 90 days | |
| Entergy New Orleans has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| On 1st of October 2024 Entergy New paid $ 0.3438 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Do Wall Street Analysts Like Entergy Stock - TradingView |
Entergy New 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 Entergy Stock often depends not only on the future outlook of the current and potential Entergy New'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. Entergy New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 212.4 M | |
| Cash And Short Term Investments | 26 K |
Entergy New Technical Analysis
Entergy New's future price can be derived by breaking down and analyzing its technical indicators over time. Entergy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Entergy New Orleans. In general, you should focus on analyzing Entergy Stock price patterns and their correlations with different microeconomic environments and drivers.
Entergy New Predictive Forecast Models
Entergy New's time-series forecasting models is one of many Entergy New'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 Entergy New'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 Entergy New Orleans
Checking the ongoing alerts about Entergy New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Entergy New Orleans help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Entergy New Orleans generated a negative expected return over the last 90 days | |
| Entergy New Orleans has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| On 1st of October 2024 Entergy New paid $ 0.3438 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Do Wall Street Analysts Like Entergy Stock - TradingView |
Check out Entergy New Backtesting, Entergy New Valuation, Entergy New Correlation, Entergy New Hype Analysis, Entergy New Volatility, Entergy New History as well as Entergy New Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Environmental & Facilities Services 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 Entergy New. If investors know Entergy 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 Entergy New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0934 |
The market value of Entergy New Orleans is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 Entergy New's market value can be influenced by many factors that don't directly affect Entergy New'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 Entergy New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.