Entourage Health Corp Stock Probability of Future Stock Price Finishing Over 0.015
| ENTG Stock | 0.01 0.01 200.00% |
Entourage |
Entourage Health Target Price Odds to finish over 0.015
The tendency of Entourage 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 above the current price in 90 days |
| 0.01 | 90 days | 0.01 | about 7.16 |
Based on a normal probability distribution, the odds of Entourage Health to move above the current price in 90 days from now is about 7.16 (This Entourage Health Corp probability density function shows the probability of Entourage Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Entourage Health Corp has a beta of -3.69 suggesting as returns on its benchmark rise, returns on holding Entourage Health Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Entourage Health is expected to outperform its benchmark. In addition to that Entourage Health Corp has an alpha of 9.2995, implying that it can generate a 9.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Entourage Health Price Density |
| Price |
Predictive Modules for Entourage Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Entourage Health Corp. 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.Entourage Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Entourage Health is not an exception. The market had few large corrections towards the Entourage Health'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 Entourage Health Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Entourage Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 9.30 | |
β | Beta against Dow Jones | -3.69 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.19 |
Entourage Health 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 Entourage Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Entourage Health Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Entourage Health is way too risky over 90 days horizon | |
| Entourage Health has some characteristics of a very speculative penny stock | |
| Entourage Health appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 40.71 M. Net Loss for the year was (46.17 M) with loss before overhead, payroll, taxes, and interest of (11.71 M). | |
| Entourage Health generates negative cash flow from operations | |
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Entourage Health to Host Third Quarter 2024 Earnings Conference Call - Yahoo Finance |
Entourage Health 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 Entourage Stock often depends not only on the future outlook of the current and potential Entourage Health'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. Entourage Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 308.4 M | |
| Shares Float | 306.7 M |
Entourage Health Technical Analysis
Entourage Health's future price can be derived by breaking down and analyzing its technical indicators over time. Entourage Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Entourage Health Corp. In general, you should focus on analyzing Entourage Stock price patterns and their correlations with different microeconomic environments and drivers.
Entourage Health Predictive Forecast Models
Entourage Health's time-series forecasting models is one of many Entourage Health'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 Entourage Health'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 Entourage Health Corp
Checking the ongoing alerts about Entourage Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Entourage Health Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Entourage Health is way too risky over 90 days horizon | |
| Entourage Health has some characteristics of a very speculative penny stock | |
| Entourage Health appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 40.71 M. Net Loss for the year was (46.17 M) with loss before overhead, payroll, taxes, and interest of (11.71 M). | |
| Entourage Health generates negative cash flow from operations | |
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Entourage Health to Host Third Quarter 2024 Earnings Conference Call - Yahoo Finance |
Additional Tools for Entourage Stock Analysis
When running Entourage Health's price analysis, check to measure Entourage Health'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 Entourage Health is operating at the current time. Most of Entourage Health's value examination focuses on studying past and present price action to predict the probability of Entourage Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entourage Health's price. Additionally, you may evaluate how the addition of Entourage Health to your portfolios can decrease your overall portfolio volatility.