Environmental Waste International Stock Probability of Future Stock Price Finishing Under 0.02
| EWS Stock | CAD 0.01 0.01 50.00% |
Environmental |
Environmental Waste Target Price Odds to finish below 0.02
The tendency of Environmental 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 C$ 0.02 after 90 days |
| 0.01 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Environmental Waste to stay under C$ 0.02 after 90 days from now is close to 99 (This Environmental Waste International probability density function shows the probability of Environmental Stock to fall within a particular range of prices over 90 days) . Probability of Environmental Waste price to stay between its current price of C$ 0.01 and C$ 0.02 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.9 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, Environmental Waste will likely underperform. Additionally Environmental Waste International 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. Environmental Waste Price Density |
| Price |
Predictive Modules for Environmental Waste
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Environmental Waste. 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.Environmental Waste Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Environmental Waste is not an exception. The market had few large corrections towards the Environmental Waste'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 Environmental Waste International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Environmental Waste within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 2.90 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0091 |
Environmental Waste 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 Environmental Waste for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Environmental Waste can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Environmental Waste generated a negative expected return over the last 90 days | |
| Environmental Waste has high historical volatility and very poor performance | |
| Environmental Waste has some characteristics of a very speculative penny stock | |
| Environmental Waste has a very high chance of going through financial distress in the upcoming years | |
| Environmental Waste International has accumulated 4.51 M in total debt with debt to equity ratio (D/E) of 7.08, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Environmental Waste has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Environmental Waste until it has trouble settling it off, either with new capital or with free cash flow. So, Environmental Waste's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Environmental Waste sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Environmental to invest in growth at high rates of return. When we think about Environmental Waste's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.83 M) with loss before overhead, payroll, taxes, and interest of (631.94 K). | |
| Environmental Waste International has accumulated about 507.9 K in cash with (879.42 K) of positive cash flow from operations. |
Environmental Waste 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 Environmental Stock often depends not only on the future outlook of the current and potential Environmental Waste'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. Environmental Waste's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 284.2 M | |
| Cash And Short Term Investments | 56.3 K |
Environmental Waste Technical Analysis
Environmental Waste's future price can be derived by breaking down and analyzing its technical indicators over time. Environmental Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Environmental Waste International. In general, you should focus on analyzing Environmental Stock price patterns and their correlations with different microeconomic environments and drivers.
Environmental Waste Predictive Forecast Models
Environmental Waste's time-series forecasting models is one of many Environmental Waste'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 Environmental Waste'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 Environmental Waste
Checking the ongoing alerts about Environmental Waste for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Environmental Waste help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Environmental Waste generated a negative expected return over the last 90 days | |
| Environmental Waste has high historical volatility and very poor performance | |
| Environmental Waste has some characteristics of a very speculative penny stock | |
| Environmental Waste has a very high chance of going through financial distress in the upcoming years | |
| Environmental Waste International has accumulated 4.51 M in total debt with debt to equity ratio (D/E) of 7.08, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Environmental Waste has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Environmental Waste until it has trouble settling it off, either with new capital or with free cash flow. So, Environmental Waste's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Environmental Waste sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Environmental to invest in growth at high rates of return. When we think about Environmental Waste's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.83 M) with loss before overhead, payroll, taxes, and interest of (631.94 K). | |
| Environmental Waste International has accumulated about 507.9 K in cash with (879.42 K) of positive cash flow from operations. |
Additional Tools for Environmental Stock Analysis
When running Environmental Waste's price analysis, check to measure Environmental Waste'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 Environmental Waste is operating at the current time. Most of Environmental Waste's value examination focuses on studying past and present price action to predict the probability of Environmental Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental Waste's price. Additionally, you may evaluate how the addition of Environmental Waste to your portfolios can decrease your overall portfolio volatility.