East Resources Acquisition Probability of Future Stock Price Finishing Under 10.29
| ERESDelisted Stock | USD 10.85 0.38 3.63% |
East |
East Resources Target Price Odds to finish below 10.29
The tendency of East 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 $ 10.29 or more in 90 days |
| 10.85 | 90 days | 10.29 | about 42.37 |
Based on a normal probability distribution, the odds of East Resources to drop to $ 10.29 or more in 90 days from now is about 42.37 (This East Resources Acquisition probability density function shows the probability of East Stock to fall within a particular range of prices over 90 days) . Probability of East Resources Acqui price to stay between $ 10.29 and its current price of $10.85 at the end of the 90-day period is about 56.91 .
Given the investment horizon of 90 days East Resources has a beta of 0.18 suggesting as returns on the market go up, East Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding East Resources Acquisition will be expected to be much smaller as well. Additionally East Resources Acquisition has an alpha of 0.0797, implying that it can generate a 0.0797 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). East Resources Price Density |
| Price |
Predictive Modules for East 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 East Resources Acqui. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of East Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
East Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East Resources is not an exception. The market had few large corrections towards the East 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 East Resources Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.0078 |
East 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 East Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for East Resources Acqui can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| East Resources Acqui is not yet fully synchronised with the market data | |
| East Resources Acqui has a very high chance of going through financial distress in the upcoming years | |
| East Resources Acquisition currently holds 4.92 M in liabilities with Debt to Equity (D/E) ratio of 2.13, implying the company greatly relies on financing operations through barrowing. East Resources Acqui has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about East Resources' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 25.2 M. Net Loss for the year was (643.56 K) with profit before overhead, payroll, taxes, and interest of 38.47 M. | |
| East Resources Acquisition currently holds about 562.54 K in cash with (2.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 74.0% of East Resources shares are held by institutions such as insurance companies |
East 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 East Stock often depends not only on the future outlook of the current and potential East 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. East Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 86.6 K |
East Resources Technical Analysis
East Resources' future price can be derived by breaking down and analyzing its technical indicators over time. East Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of East Resources Acquisition. In general, you should focus on analyzing East Stock price patterns and their correlations with different microeconomic environments and drivers.
East Resources Predictive Forecast Models
East Resources' time-series forecasting models is one of many East 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 East 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 East Resources Acqui
Checking the ongoing alerts about East Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for East Resources Acqui help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| East Resources Acqui is not yet fully synchronised with the market data | |
| East Resources Acqui has a very high chance of going through financial distress in the upcoming years | |
| East Resources Acquisition currently holds 4.92 M in liabilities with Debt to Equity (D/E) ratio of 2.13, implying the company greatly relies on financing operations through barrowing. East Resources Acqui has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about East Resources' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 25.2 M. Net Loss for the year was (643.56 K) with profit before overhead, payroll, taxes, and interest of 38.47 M. | |
| East Resources Acquisition currently holds about 562.54 K in cash with (2.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 74.0% of East Resources shares are held by institutions such as insurance companies |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in East Stock
If you are still planning to invest in East Resources Acqui check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the East Resources' history and understand the potential risks before investing.
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