Erria AS (Denmark) Odds of Future Stock Price Finishing Over 12.54
| ERRIA Stock | DKK 3.00 0.02 0.66% |
Erria |
Erria AS Target Price Odds to finish over 12.54
The tendency of Erria 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 over kr 12.54 or more in 90 days |
| 3.00 | 90 days | 12.54 | close to zero percent |
Based on a normal probability distribution, the odds of Erria AS to move over kr 12.54 or more in 90 days from now is close to zero percent (This Erria AS probability density function shows the probability of Erria Stock to fall within a particular range of prices over 90 days) . Probability of Erria AS price to stay between its current price of kr 3.00 and kr 12.54 at the end of the 90-day period is about 88.77 .
Assuming the 90 days trading horizon Erria AS has a beta of 0.2 suggesting as returns on the market go up, Erria AS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Erria AS will be expected to be much smaller as well. Additionally Erria AS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Erria AS Price Density |
| Price |
Predictive Modules for Erria AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erria AS. 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.Erria AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erria AS is not an exception. The market had few large corrections towards the Erria AS'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 Erria AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erria AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.1 |
Erria AS 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 Erria AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erria AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erria AS generated a negative expected return over the last 90 days | |
| Erria AS has accumulated 5.27 M in total debt. Erria AS has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Erria AS until it has trouble settling it off, either with new capital or with free cash flow. So, Erria AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Erria AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erria to invest in growth at high rates of return. When we think about Erria AS's use of debt, we should always consider it together with cash and equity. | |
| Erria AS has accumulated about 2.88 M in cash with (15.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Roughly 47.0% of the company shares are held by company insiders |
Erria AS 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 Erria Stock often depends not only on the future outlook of the current and potential Erria AS'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. Erria AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Short Long Term Debt | 13.5 M | |
| Shares Float | 5 M |
Erria AS Technical Analysis
Erria AS's future price can be derived by breaking down and analyzing its technical indicators over time. Erria Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erria AS. In general, you should focus on analyzing Erria Stock price patterns and their correlations with different microeconomic environments and drivers.
Erria AS Predictive Forecast Models
Erria AS's time-series forecasting models is one of many Erria AS'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 Erria AS'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 Erria AS
Checking the ongoing alerts about Erria AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erria AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erria AS generated a negative expected return over the last 90 days | |
| Erria AS has accumulated 5.27 M in total debt. Erria AS has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Erria AS until it has trouble settling it off, either with new capital or with free cash flow. So, Erria AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Erria AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erria to invest in growth at high rates of return. When we think about Erria AS's use of debt, we should always consider it together with cash and equity. | |
| Erria AS has accumulated about 2.88 M in cash with (15.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Roughly 47.0% of the company shares are held by company insiders |
Other Information on Investing in Erria Stock
Erria AS financial ratios help investors to determine whether Erria 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 Erria with respect to the benefits of owning Erria AS security.