Essensys PLC (UK) Probability of Future Stock Price Finishing Under 23.63
| ESYS Stock | 32.00 2.00 6.67% |
Essensys |
Essensys PLC Target Price Odds to finish below 23.63
The tendency of Essensys 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 23.63 or more in 90 days |
| 32.00 | 90 days | 23.63 | near 1 |
Based on a normal probability distribution, the odds of Essensys PLC to drop to 23.63 or more in 90 days from now is near 1 (This Essensys PLC probability density function shows the probability of Essensys Stock to fall within a particular range of prices over 90 days) . Probability of Essensys PLC price to stay between 23.63 and its current price of 32.0 at the end of the 90-day period is about 92.77 .
Assuming the 90 days trading horizon Essensys PLC has a beta of -0.0439 suggesting as returns on the benchmark increase, returns on holding Essensys PLC are expected to decrease at a much lower rate. During a bear market, however, Essensys PLC is likely to outperform the market. Additionally Essensys PLC 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. Essensys PLC Price Density |
| Price |
Predictive Modules for Essensys PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Essensys PLC. 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.Essensys PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Essensys PLC is not an exception. The market had few large corrections towards the Essensys PLC'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 Essensys PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Essensys PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 2.16 | |
Ir | Information ratio | -0.1 |
Essensys PLC 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 Essensys PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Essensys PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Essensys PLC generated a negative expected return over the last 90 days | |
| The company reported the revenue of 25.25 M. Net Loss for the year was (15.46 M) with profit before overhead, payroll, taxes, and interest of 14.11 M. | |
| Essensys PLC generates negative cash flow from operations | |
| About 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Essensys PLC to Reveal Annual Results on Nov 26 - TipRanks |
Essensys PLC 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 Essensys Stock often depends not only on the future outlook of the current and potential Essensys PLC'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. Essensys PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64.4 M | |
| Cash And Short Term Investments | 7.9 M |
Essensys PLC Technical Analysis
Essensys PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Essensys Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Essensys PLC. In general, you should focus on analyzing Essensys Stock price patterns and their correlations with different microeconomic environments and drivers.
Essensys PLC Predictive Forecast Models
Essensys PLC's time-series forecasting models is one of many Essensys PLC'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 Essensys PLC'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 Essensys PLC
Checking the ongoing alerts about Essensys PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Essensys PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Essensys PLC generated a negative expected return over the last 90 days | |
| The company reported the revenue of 25.25 M. Net Loss for the year was (15.46 M) with profit before overhead, payroll, taxes, and interest of 14.11 M. | |
| Essensys PLC generates negative cash flow from operations | |
| About 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Essensys PLC to Reveal Annual Results on Nov 26 - TipRanks |
Additional Tools for Essensys Stock Analysis
When running Essensys PLC's price analysis, check to measure Essensys PLC's 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 Essensys PLC is operating at the current time. Most of Essensys PLC's value examination focuses on studying past and present price action to predict the probability of Essensys PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essensys PLC's price. Additionally, you may evaluate how the addition of Essensys PLC to your portfolios can decrease your overall portfolio volatility.