Eurosite Power Stock Probability of Future Pink Sheet Price Finishing Over 0.0563
| EUSP Stock | USD 0.05 0.01 16.67% |
EuroSite |
EuroSite Power Target Price Odds to finish over 0.0563
The tendency of EuroSite Pink Sheet 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 $ 0.06 or more in 90 days |
| 0.05 | 90 days | 0.06 | about 34.57 |
Based on a normal probability distribution, the odds of EuroSite Power to move over $ 0.06 or more in 90 days from now is about 34.57 (This EuroSite Power probability density function shows the probability of EuroSite Pink Sheet to fall within a particular range of prices over 90 days) . Probability of EuroSite Power price to stay between its current price of $ 0.05 and $ 0.06 at the end of the 90-day period is about 39.48 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.34 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, EuroSite Power will likely underperform. Additionally EuroSite Power 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. EuroSite Power Price Density |
| Price |
Predictive Modules for EuroSite Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EuroSite Power. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 EuroSite Power'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.
EuroSite Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EuroSite Power is not an exception. The market had few large corrections towards the EuroSite Power'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 EuroSite Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EuroSite Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 2.34 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0026 |
EuroSite Power 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 EuroSite Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EuroSite Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EuroSite Power had very high historical volatility over the last 90 days | |
| EuroSite Power has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 3.66 M. Net Loss for the year was (708.82 K) with profit before overhead, payroll, taxes, and interest of 1.36 M. | |
| EuroSite Power currently holds about 2.49 M in cash with (330.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
EuroSite Power Technical Analysis
EuroSite Power's future price can be derived by breaking down and analyzing its technical indicators over time. EuroSite Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EuroSite Power. In general, you should focus on analyzing EuroSite Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
EuroSite Power Predictive Forecast Models
EuroSite Power's time-series forecasting models is one of many EuroSite Power's pink sheet 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 EuroSite Power'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 pink sheet market movement and maximize returns from investment trading.
Things to note about EuroSite Power
Checking the ongoing alerts about EuroSite Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EuroSite Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EuroSite Power had very high historical volatility over the last 90 days | |
| EuroSite Power has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 3.66 M. Net Loss for the year was (708.82 K) with profit before overhead, payroll, taxes, and interest of 1.36 M. | |
| EuroSite Power currently holds about 2.49 M in cash with (330.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Additional Tools for EuroSite Pink Sheet Analysis
When running EuroSite Power's price analysis, check to measure EuroSite Power'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 EuroSite Power is operating at the current time. Most of EuroSite Power's value examination focuses on studying past and present price action to predict the probability of EuroSite Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroSite Power's price. Additionally, you may evaluate how the addition of EuroSite Power to your portfolios can decrease your overall portfolio volatility.