Evergreen Corp Stock Probability of Future Stock Price Finishing Under 11.31
| EVGR Stock | USD 11.81 0.01 0.08% |
Evergreen |
Evergreen Corp Target Price Odds to finish below 11.31
The tendency of Evergreen 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 $ 11.31 or more in 90 days |
| 11.81 | 90 days | 11.31 | near 1 |
Based on a normal probability distribution, the odds of Evergreen Corp to drop to $ 11.31 or more in 90 days from now is near 1 (This Evergreen Corp probability density function shows the probability of Evergreen Stock to fall within a particular range of prices over 90 days) . Probability of Evergreen Corp price to stay between $ 11.31 and its current price of $11.81 at the end of the 90-day period is more than 94.0 .
Given the investment horizon of 90 days Evergreen Corp has a beta of 0.015 suggesting as returns on the market go up, Evergreen Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Evergreen Corp will be expected to be much smaller as well. Additionally Evergreen Corp has an alpha of 0.0166, implying that it can generate a 0.0166 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Evergreen Corp Price Density |
| Price |
Predictive Modules for Evergreen Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evergreen Corp. 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.Evergreen Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Evergreen Corp is not an exception. The market had few large corrections towards the Evergreen Corp'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 Evergreen Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Evergreen Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.98 |
Evergreen Corp 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 Evergreen Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Evergreen Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Evergreen Corp currently holds about 388.73 K in cash with (804.29 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Evergreen Corp has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Evergreen Co. Shares Sold by Wolverine Asset Management LLC |
Evergreen Corp 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 Evergreen Stock often depends not only on the future outlook of the current and potential Evergreen Corp'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. Evergreen Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.4 M | |
| Cash And Short Term Investments | 146.9 K |
Evergreen Corp Technical Analysis
Evergreen Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Evergreen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evergreen Corp. In general, you should focus on analyzing Evergreen Stock price patterns and their correlations with different microeconomic environments and drivers.
Evergreen Corp Predictive Forecast Models
Evergreen Corp's time-series forecasting models is one of many Evergreen Corp'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 Evergreen Corp'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 Evergreen Corp
Checking the ongoing alerts about Evergreen Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Evergreen Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Evergreen Corp currently holds about 388.73 K in cash with (804.29 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Evergreen Corp has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Evergreen Co. Shares Sold by Wolverine Asset Management LLC |
Additional Tools for Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen Corp'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 Evergreen Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.