Evergen Infrastructure Corp Stock Probability of Future OTC Stock Price Finishing Under 1.27
| EVGIF Stock | USD 1.25 0.01 0.81% |
EverGen |
EverGen Infrastructure Target Price Odds to finish below 1.27
The tendency of EverGen OTC 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 stay under $ 1.27 after 90 days |
| 1.25 | 90 days | 1.27 | about 11.69 |
Based on a normal probability distribution, the odds of EverGen Infrastructure to stay under $ 1.27 after 90 days from now is about 11.69 (This EverGen Infrastructure Corp probability density function shows the probability of EverGen OTC Stock to fall within a particular range of prices over 90 days) . Probability of EverGen Infrastructure price to stay between its current price of $ 1.25 and $ 1.27 at the end of the 90-day period is roughly 2.28 .
Assuming the 90 days horizon EverGen Infrastructure has a beta of 0.11 suggesting as returns on the market go up, EverGen Infrastructure average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EverGen Infrastructure Corp will be expected to be much smaller as well. Additionally EverGen Infrastructure Corp 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. EverGen Infrastructure Price Density |
| Price |
Predictive Modules for EverGen Infrastructure
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EverGen Infrastructure. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.EverGen Infrastructure Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EverGen Infrastructure is not an exception. The market had few large corrections towards the EverGen Infrastructure'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 EverGen Infrastructure Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EverGen Infrastructure within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.29 |
EverGen Infrastructure 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 EverGen Infrastructure for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EverGen Infrastructure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EverGen Infrastructure generated a negative expected return over the last 90 days | |
| EverGen Infrastructure may become a speculative penny stock | |
| The company reported the revenue of 9.56 M. Net Loss for the year was (1.95 M) with profit before overhead, payroll, taxes, and interest of 6.79 M. | |
| EverGen Infrastructure Corp has accumulated about 17.38 M in cash with (1.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Roughly 21.0% of the company shares are held by company insiders |
EverGen Infrastructure 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 EverGen OTC Stock often depends not only on the future outlook of the current and potential EverGen Infrastructure'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. EverGen Infrastructure's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.4 M |
EverGen Infrastructure Technical Analysis
EverGen Infrastructure's future price can be derived by breaking down and analyzing its technical indicators over time. EverGen OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EverGen Infrastructure Corp. In general, you should focus on analyzing EverGen OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
EverGen Infrastructure Predictive Forecast Models
EverGen Infrastructure's time-series forecasting models is one of many EverGen Infrastructure's otc 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 EverGen Infrastructure'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 otc stock market movement and maximize returns from investment trading.
Things to note about EverGen Infrastructure
Checking the ongoing alerts about EverGen Infrastructure for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EverGen Infrastructure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EverGen Infrastructure generated a negative expected return over the last 90 days | |
| EverGen Infrastructure may become a speculative penny stock | |
| The company reported the revenue of 9.56 M. Net Loss for the year was (1.95 M) with profit before overhead, payroll, taxes, and interest of 6.79 M. | |
| EverGen Infrastructure Corp has accumulated about 17.38 M in cash with (1.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Roughly 21.0% of the company shares are held by company insiders |
Other Information on Investing in EverGen OTC Stock
EverGen Infrastructure financial ratios help investors to determine whether EverGen OTC 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 EverGen with respect to the benefits of owning EverGen Infrastructure security.