Earthstone Energy Probability of Future Stock Price Finishing Under 15.32
| ESTEDelisted Stock | USD 15.32 0.32 2.13% |
Earthstone |
Earthstone Energy Target Price Odds to finish below 15.32
The tendency of Earthstone 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 below current price in 90 days |
| 15.32 | 90 days | 15.32 | about 98.0 |
Based on a normal probability distribution, the odds of Earthstone Energy to move below current price in 90 days from now is about 98.0 (This Earthstone Energy probability density function shows the probability of Earthstone Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Earthstone Energy has a beta of 0.93 suggesting Earthstone Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, Earthstone Energy is expected to follow. Additionally Earthstone Energy has an alpha of 0.058, implying that it can generate a 0.058 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Earthstone Energy Price Density |
| Price |
Predictive Modules for Earthstone 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 Earthstone 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Earthstone Energy's 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.
Earthstone Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Earthstone Energy is not an exception. The market had few large corrections towards the Earthstone 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 Earthstone Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Earthstone Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | 0.02 |
Earthstone 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 Earthstone Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Earthstone 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.| Earthstone Energy is not yet fully synchronised with the market data | |
| Earthstone Energy has a very high chance of going through financial distress in the upcoming years | |
| Earthstone Energy currently holds 1.06 B in liabilities with Debt to Equity (D/E) ratio of 0.51, which is about average as compared to similar companies. Earthstone Energy has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Earthstone Energy's use of debt, we should always consider it together with its cash and equity. | |
| Over 91.0% of Earthstone Energy shares are held by institutions such as insurance companies |
Earthstone Energy 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 Earthstone Stock often depends not only on the future outlook of the current and potential Earthstone Energy'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. Earthstone Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.3 M | |
| Cash And Short Term Investments | -6.4 M |
Earthstone Energy Technical Analysis
Earthstone Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Earthstone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Earthstone Energy. In general, you should focus on analyzing Earthstone Stock price patterns and their correlations with different microeconomic environments and drivers.
Earthstone Energy Predictive Forecast Models
Earthstone Energy's time-series forecasting models is one of many Earthstone 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 Earthstone 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 Earthstone Energy
Checking the ongoing alerts about Earthstone Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Earthstone Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Earthstone Energy is not yet fully synchronised with the market data | |
| Earthstone Energy has a very high chance of going through financial distress in the upcoming years | |
| Earthstone Energy currently holds 1.06 B in liabilities with Debt to Equity (D/E) ratio of 0.51, which is about average as compared to similar companies. Earthstone Energy has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Earthstone Energy's use of debt, we should always consider it together with its cash and equity. | |
| Over 91.0% of Earthstone Energy 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 estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Earthstone Stock
If you are still planning to invest in Earthstone Energy 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 Earthstone Energy's history and understand the potential risks before investing.
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