East West Petroleum Stock Probability of Future Pink Sheet Price Finishing Over 0.07
| EWPMF Stock | USD 0.02 0.01 33.33% |
East |
East West Target Price Odds to finish over 0.07
The tendency of East 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 $ 0.07 or more in 90 days |
| 0.02 | 90 days | 0.07 | near 1 |
Based on a normal probability distribution, the odds of East West to move over $ 0.07 or more in 90 days from now is near 1 (This East West Petroleum probability density function shows the probability of East Pink Sheet to fall within a particular range of prices over 90 days) . Probability of East West Petroleum price to stay between its current price of $ 0.02 and $ 0.07 at the end of the 90-day period is about 98.0 .
Assuming the 90 days horizon East West has a beta of 0.32 suggesting as returns on the market go up, East West average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding East West Petroleum will be expected to be much smaller as well. Additionally East West Petroleum has an alpha of 0.6899, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). East West Price Density |
| Price |
Predictive Modules for East West
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as East West Petroleum. 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.East West Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East West is not an exception. The market had few large corrections towards the East West'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 East West Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East West within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.69 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
East West 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 East West for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for East West Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| East West Petroleum is way too risky over 90 days horizon | |
| East West Petroleum has some characteristics of a very speculative penny stock | |
| East West Petroleum appears to be risky and price may revert if volatility continues | |
| East West Petroleum has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.75 M. Net Loss for the year was (2.04 M) with profit before overhead, payroll, taxes, and interest of 77.1 K. | |
| East West Petroleum has accumulated about 5.04 M in cash with (513.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
East West 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 East Pink Sheet often depends not only on the future outlook of the current and potential East West'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. East West's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.6 M |
East West Technical Analysis
East West's future price can be derived by breaking down and analyzing its technical indicators over time. East Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of East West Petroleum. In general, you should focus on analyzing East Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
East West Predictive Forecast Models
East West's time-series forecasting models is one of many East West'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 East West'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 East West Petroleum
Checking the ongoing alerts about East West for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for East West Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| East West Petroleum is way too risky over 90 days horizon | |
| East West Petroleum has some characteristics of a very speculative penny stock | |
| East West Petroleum appears to be risky and price may revert if volatility continues | |
| East West Petroleum has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.75 M. Net Loss for the year was (2.04 M) with profit before overhead, payroll, taxes, and interest of 77.1 K. | |
| East West Petroleum has accumulated about 5.04 M in cash with (513.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in East Pink Sheet
East West financial ratios help investors to determine whether East Pink Sheet 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 East with respect to the benefits of owning East West security.