Erhc Energy Stock Probability of Future Stock Price Finishing Over 0.002194
| ERHE Stock | USD 0 0 130.00% |
ERHC |
ERHC Energy Target Price Odds to finish over 0.002194
The tendency of ERHC 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 stay above $ 0 in 90 days |
| 0 | 90 days | 0 | near 1 |
Based on a normal probability distribution, the odds of ERHC Energy to stay above $ 0 in 90 days from now is near 1 (This ERHC Energy probability density function shows the probability of ERHC Stock to fall within a particular range of prices over 90 days) . Probability of ERHC Energy price to stay between $ 0 and its current price of $0.0023 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 11.67 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ERHC Energy will likely underperform. In addition to that ERHC Energy has an alpha of 16.2716, implying that it can generate a 16.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ERHC Energy Price Density |
| Price |
Predictive Modules for ERHC Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ERHC Energy. 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.ERHC Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ERHC Energy is not an exception. The market had few large corrections towards the ERHC Energy'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 ERHC Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ERHC Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 16.27 | |
β | Beta against Dow Jones | 11.67 | |
σ | Overall volatility | 0.0005 | |
Ir | Information ratio | 0.15 |
ERHC Energy 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 ERHC Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ERHC Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ERHC Energy is way too risky over 90 days horizon | |
| ERHC Energy has some characteristics of a very speculative penny stock | |
| ERHC Energy appears to be risky and price may revert if volatility continues | |
| ERHC Energy currently holds 181.53 K in liabilities with Debt to Equity (D/E) ratio of 0.17, which may suggest the company is not taking enough advantage from borrowing. ERHC Energy has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ERHC Energy's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (12.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ERHC Energy currently holds about 146.53 K in cash with (4.74 M) of positive cash flow from operations. | |
| ERHC Energy has a frail financial position based on the latest SEC disclosures |
ERHC Energy Technical Analysis
ERHC Energy's future price can be derived by breaking down and analyzing its technical indicators over time. ERHC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ERHC Energy. In general, you should focus on analyzing ERHC Stock price patterns and their correlations with different microeconomic environments and drivers.
ERHC Energy Predictive Forecast Models
ERHC Energy's time-series forecasting models is one of many ERHC Energy'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 ERHC Energy'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 ERHC Energy
Checking the ongoing alerts about ERHC Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ERHC Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ERHC Energy is way too risky over 90 days horizon | |
| ERHC Energy has some characteristics of a very speculative penny stock | |
| ERHC Energy appears to be risky and price may revert if volatility continues | |
| ERHC Energy currently holds 181.53 K in liabilities with Debt to Equity (D/E) ratio of 0.17, which may suggest the company is not taking enough advantage from borrowing. ERHC Energy has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ERHC Energy's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (12.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ERHC Energy currently holds about 146.53 K in cash with (4.74 M) of positive cash flow from operations. | |
| ERHC Energy has a frail financial position based on the latest SEC disclosures |
Check out ERHC Energy Backtesting, ERHC Energy Valuation, ERHC Energy Correlation, ERHC Energy Hype Analysis, ERHC Energy Volatility, ERHC Energy History as well as ERHC Energy Performance. For information on how to trade ERHC Stock refer to our How to Trade ERHC Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Exploration & Production 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 ERHC Energy. If investors know ERHC 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 ERHC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Return On Assets (0.83) |
The market value of ERHC Energy is measured differently than its book value, which is the value of ERHC that is recorded on the company's balance sheet. Investors also form their own opinion of ERHC Energy's value that differs from its market value or its book value, called intrinsic value, which is ERHC Energy'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 ERHC Energy's market value can be influenced by many factors that don't directly affect ERHC Energy'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 ERHC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERHC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERHC Energy'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.