Endurance Exploration Group Stock Probability of Future Pink Sheet Price Finishing Over 3.0E-4
| EXPL Stock | USD 0.0003 0.00 0.00% |
Endurance |
Endurance Exploration Target Price Odds to finish over 3.0E-4
The tendency of Endurance 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 above the current price in 90 days |
| 0.0003 | 90 days | 0.0003 | about 63.46 |
Based on a normal probability distribution, the odds of Endurance Exploration to move above the current price in 90 days from now is about 63.46 (This Endurance Exploration Group probability density function shows the probability of Endurance Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.36 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, Endurance Exploration will likely underperform. Additionally Endurance Exploration Group has an alpha of 0.5701, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Endurance Exploration Price Density |
| Price |
Predictive Modules for Endurance Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Endurance Exploration. 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.Endurance Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Endurance Exploration is not an exception. The market had few large corrections towards the Endurance Exploration'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 Endurance Exploration Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Endurance Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 2.36 | |
σ | Overall volatility | 0.000093 | |
Ir | Information ratio | 0.05 |
Endurance Exploration 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 Endurance Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Endurance Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Endurance Exploration is way too risky over 90 days horizon | |
| Endurance Exploration has some characteristics of a very speculative penny stock | |
| Endurance Exploration appears to be risky and price may revert if volatility continues | |
| Endurance Exploration has a very high chance of going through financial distress in the upcoming years | |
| Endurance Exploration Group currently holds 645.31 K in liabilities. Endurance Exploration has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Endurance Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Endurance Exploration'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 Endurance Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Endurance to invest in growth at high rates of return. When we think about Endurance Exploration's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (377.23 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Endurance Exploration Group currently holds about 1.2 K in cash with (327.6 K) of positive cash flow from operations. | |
| Roughly 57.0% of the company shares are held by company insiders |
Endurance Exploration 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 Endurance Pink Sheet often depends not only on the future outlook of the current and potential Endurance Exploration'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. Endurance Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
Endurance Exploration Technical Analysis
Endurance Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Endurance Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Endurance Exploration Group. In general, you should focus on analyzing Endurance Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Endurance Exploration Predictive Forecast Models
Endurance Exploration's time-series forecasting models is one of many Endurance Exploration'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 Endurance Exploration'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 Endurance Exploration
Checking the ongoing alerts about Endurance Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Endurance Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Endurance Exploration is way too risky over 90 days horizon | |
| Endurance Exploration has some characteristics of a very speculative penny stock | |
| Endurance Exploration appears to be risky and price may revert if volatility continues | |
| Endurance Exploration has a very high chance of going through financial distress in the upcoming years | |
| Endurance Exploration Group currently holds 645.31 K in liabilities. Endurance Exploration has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Endurance Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Endurance Exploration'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 Endurance Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Endurance to invest in growth at high rates of return. When we think about Endurance Exploration's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (377.23 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Endurance Exploration Group currently holds about 1.2 K in cash with (327.6 K) of positive cash flow from operations. | |
| Roughly 57.0% of the company shares are held by company insiders |
Other Information on Investing in Endurance Pink Sheet
Endurance Exploration financial ratios help investors to determine whether Endurance 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 Endurance with respect to the benefits of owning Endurance Exploration security.