Energy Resources (Australia) Probability of Future Stock Price Finishing Over 0.002
| ERA Stock | 0 0 33.33% |
Energy |
Energy Resources Target Price Odds to finish over 0.002
The tendency of Energy 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 | 90 days | 0 | about 83.9 |
Based on a normal probability distribution, the odds of Energy Resources to move above the current price in 90 days from now is about 83.9 (This Energy Resources probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Energy Resources has a beta of -8.04 suggesting as returns on its benchmark rise, returns on holding Energy Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Energy Resources is expected to outperform its benchmark. Moreover Energy Resources has an alpha of 1.8887, implying that it can generate a 1.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Energy Resources Price Density |
| Price |
Predictive Modules for Energy Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Resources. 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.Energy Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energy Resources is not an exception. The market had few large corrections towards the Energy Resources' 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 Energy Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energy Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.89 | |
β | Beta against Dow Jones | -8.04 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.03 |
Energy Resources 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 Energy Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energy Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energy Resources is way too risky over 90 days horizon | |
| Energy Resources has some characteristics of a very speculative penny stock | |
| Energy Resources appears to be risky and price may revert if volatility continues | |
| Energy Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 34.18 M. Net Loss for the year was (1.39 B) with profit before overhead, payroll, taxes, and interest of 30.61 M. | |
| Energy Resources has accumulated about 87.12 M in cash with (223.25 M) of positive cash flow from operations. | |
| Roughly 98.0% of the company shares are held by company insiders |
Energy Resources 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 Energy Stock often depends not only on the future outlook of the current and potential Energy Resources' 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. Energy Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.1 B | |
| Cash And Short Term Investments | 217 M |
Energy Resources Technical Analysis
Energy Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Energy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energy Resources. In general, you should focus on analyzing Energy Stock price patterns and their correlations with different microeconomic environments and drivers.
Energy Resources Predictive Forecast Models
Energy Resources' time-series forecasting models is one of many Energy Resources' 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 Energy Resources' 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 Energy Resources
Checking the ongoing alerts about Energy Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energy Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energy Resources is way too risky over 90 days horizon | |
| Energy Resources has some characteristics of a very speculative penny stock | |
| Energy Resources appears to be risky and price may revert if volatility continues | |
| Energy Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 34.18 M. Net Loss for the year was (1.39 B) with profit before overhead, payroll, taxes, and interest of 30.61 M. | |
| Energy Resources has accumulated about 87.12 M in cash with (223.25 M) of positive cash flow from operations. | |
| Roughly 98.0% of the company shares are held by company insiders |
Additional Tools for Energy Stock Analysis
When running Energy Resources' price analysis, check to measure Energy Resources' 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 Energy Resources is operating at the current time. Most of Energy Resources' value examination focuses on studying past and present price action to predict the probability of Energy Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Resources' price. Additionally, you may evaluate how the addition of Energy Resources to your portfolios can decrease your overall portfolio volatility.