Evergen Infrastructure Corp Stock Probability of Future Stock Price Finishing Over 3.81
| EVGN Stock | 1.70 0.01 0.58% |
EverGen |
EverGen Infrastructure Target Price Odds to finish over 3.81
The tendency of EverGen 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 over 3.81 or more in 90 days |
| 1.70 | 90 days | 3.81 | near 1 |
Based on a normal probability distribution, the odds of EverGen Infrastructure to move over 3.81 or more in 90 days from now is near 1 (This EverGen Infrastructure Corp probability density function shows the probability of EverGen Stock to fall within a particular range of prices over 90 days) . Probability of EverGen Infrastructure price to stay between its current price of 1.70 and 3.81 at the end of the 90-day period is about 92.65 .
Assuming the 90 days trading horizon EverGen Infrastructure Corp has a beta of -0.38 suggesting as returns on the benchmark increase, returns on holding EverGen Infrastructure are expected to decrease at a much lower rate. During a bear market, however, EverGen Infrastructure Corp is likely to outperform the market. 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 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.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 | -0.31 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.17 |
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 8.44 M. Net Loss for the year was (4.42 M) with profit before overhead, payroll, taxes, and interest of 6.79 M. | |
| Latest headline from news.google.com: Breakeven On The Horizon For EverGen Infrastructure Corp. - Yahoo Finance |
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 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 | 13.9 M |
EverGen Infrastructure Technical Analysis
EverGen Infrastructure's future price can be derived by breaking down and analyzing its technical indicators over time. EverGen 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 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 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 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 8.44 M. Net Loss for the year was (4.42 M) with profit before overhead, payroll, taxes, and interest of 6.79 M. | |
| Latest headline from news.google.com: Breakeven On The Horizon For EverGen Infrastructure Corp. - Yahoo Finance |
Additional Tools for EverGen Stock Analysis
When running EverGen Infrastructure's price analysis, check to measure EverGen Infrastructure'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 EverGen Infrastructure is operating at the current time. Most of EverGen Infrastructure's value examination focuses on studying past and present price action to predict the probability of EverGen Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverGen Infrastructure's price. Additionally, you may evaluate how the addition of EverGen Infrastructure to your portfolios can decrease your overall portfolio volatility.