Esgl Holdings Limited Stock Probability of Future Stock Price Finishing Under 0.0002
| ESGLW Stock | 0.02 0 22.82% |
ESGL |
ESGL Holdings Target Price Odds to finish below 0.0002
The tendency of ESGL 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 0.0002 or more in 90 days |
| 0.02 | 90 days | 0.0002 | near 1 |
Based on a normal probability distribution, the odds of ESGL Holdings to drop to 0.0002 or more in 90 days from now is near 1 (This ESGL Holdings Limited probability density function shows the probability of ESGL Stock to fall within a particular range of prices over 90 days) . Probability of ESGL Holdings Limited price to stay between 0.0002 and its current price of 0.0183 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days horizon ESGL Holdings Limited has a beta of -2.14 suggesting as returns on its benchmark rise, returns on holding ESGL Holdings Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ESGL Holdings is expected to outperform its benchmark. In addition to that ESGL Holdings Limited has an alpha of 2.5993, implying that it can generate a 2.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ESGL Holdings Price Density |
| Price |
Predictive Modules for ESGL Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESGL Holdings Limited. 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.ESGL Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ESGL Holdings is not an exception. The market had few large corrections towards the ESGL Holdings' 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 ESGL Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ESGL Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.60 | |
β | Beta against Dow Jones | -2.14 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.11 |
ESGL Holdings 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 ESGL Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ESGL Holdings Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ESGL Holdings is way too risky over 90 days horizon | |
| ESGL Holdings has some characteristics of a very speculative penny stock | |
| ESGL Holdings appears to be risky and price may revert if volatility continues | |
| ESGL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.16 M. Net Loss for the year was (94.98 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ESGL Holdings has a poor financial position based on the latest SEC disclosures |
ESGL Holdings 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 ESGL Stock often depends not only on the future outlook of the current and potential ESGL Holdings' 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. ESGL Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23 M |
ESGL Holdings Technical Analysis
ESGL Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. ESGL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ESGL Holdings Limited. In general, you should focus on analyzing ESGL Stock price patterns and their correlations with different microeconomic environments and drivers.
ESGL Holdings Predictive Forecast Models
ESGL Holdings' time-series forecasting models is one of many ESGL Holdings' 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 ESGL Holdings' 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 ESGL Holdings Limited
Checking the ongoing alerts about ESGL Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ESGL Holdings Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ESGL Holdings is way too risky over 90 days horizon | |
| ESGL Holdings has some characteristics of a very speculative penny stock | |
| ESGL Holdings appears to be risky and price may revert if volatility continues | |
| ESGL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.16 M. Net Loss for the year was (94.98 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ESGL Holdings has a poor financial position based on the latest SEC disclosures |
Additional Tools for ESGL Stock Analysis
When running ESGL Holdings' price analysis, check to measure ESGL Holdings' 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 ESGL Holdings is operating at the current time. Most of ESGL Holdings' value examination focuses on studying past and present price action to predict the probability of ESGL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESGL Holdings' price. Additionally, you may evaluate how the addition of ESGL Holdings to your portfolios can decrease your overall portfolio volatility.