Envipco Holding (Norway) Probability of Future Stock Price Finishing Under 49.46
| ENVIP Stock | NOK 63.00 1.00 1.56% |
Envipco |
Envipco Holding Target Price Odds to finish below 49.46
The tendency of Envipco 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 49.46 or more in 90 days |
| 63.00 | 90 days | 49.46 | near 1 |
Based on a normal probability distribution, the odds of Envipco Holding to drop to 49.46 or more in 90 days from now is near 1 (This Envipco Holding NV probability density function shows the probability of Envipco Stock to fall within a particular range of prices over 90 days) . Probability of Envipco Holding NV price to stay between 49.46 and its current price of 63.0 at the end of the 90-day period is about 90.75 .
Assuming the 90 days trading horizon Envipco Holding NV has a beta of -0.34 suggesting as returns on the benchmark increase, returns on holding Envipco Holding are expected to decrease at a much lower rate. During a bear market, however, Envipco Holding NV is likely to outperform the market. Additionally Envipco Holding NV has an alpha of 0.0485, implying that it can generate a 0.0485 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Envipco Holding Price Density |
| Price |
Predictive Modules for Envipco Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Envipco Holding NV. 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.Envipco Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Envipco Holding is not an exception. The market had few large corrections towards the Envipco Holding'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 Envipco Holding NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Envipco Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 2.39 | |
Ir | Information ratio | -0.04 |
Envipco Holding 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 Envipco Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Envipco Holding NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 61.0% of the company shares are held by company insiders |
Envipco Holding 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 Envipco Stock often depends not only on the future outlook of the current and potential Envipco Holding'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. Envipco Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.1 M | |
| Cash And Short Term Investments | 3.4 M |
Envipco Holding Technical Analysis
Envipco Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Envipco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Envipco Holding NV. In general, you should focus on analyzing Envipco Stock price patterns and their correlations with different microeconomic environments and drivers.
Envipco Holding Predictive Forecast Models
Envipco Holding's time-series forecasting models is one of many Envipco Holding'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 Envipco Holding'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 Envipco Holding NV
Checking the ongoing alerts about Envipco Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Envipco Holding NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 61.0% of the company shares are held by company insiders |
Other Information on Investing in Envipco Stock
Envipco Holding financial ratios help investors to determine whether Envipco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Envipco with respect to the benefits of owning Envipco Holding security.