Iren SpA ADR Odds of Future Pink Sheet Price Finishing Over 22.81
| IRDEYDelisted Stock | USD 18.25 1.60 9.61% |
Iren |
Iren SpA Target Price Odds to finish over 22.81
The tendency of Iren 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 $ 22.81 or more in 90 days |
| 18.25 | 90 days | 22.81 | close to zero percent |
Based on a normal probability distribution, the odds of Iren SpA to move over $ 22.81 or more in 90 days from now is close to zero percent (This Iren SpA ADR probability density function shows the probability of Iren Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Iren SpA ADR price to stay between its current price of $ 18.25 and $ 22.81 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Iren SpA has a beta of 0.22. This usually indicates as returns on the market go up, Iren SpA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iren SpA ADR will be expected to be much smaller as well. Additionally Iren SpA ADR has an alpha of 0.1096, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Iren SpA Price Density |
| Price |
Predictive Modules for Iren SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iren SpA ADR. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iren SpA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Iren SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iren SpA is not an exception. The market had few large corrections towards the Iren SpA'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 Iren SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iren SpA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.01 |
Iren SpA 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 Iren SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iren SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iren SpA ADR is not yet fully synchronised with the market data | |
| Iren SpA ADR has a very high chance of going through financial distress in the upcoming years | |
| Iren SpA ADR has accumulated 3.46 B in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. Iren SpA ADR has a current ratio of 0.9, 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 Iren SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Iren SpA'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 Iren SpA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iren to invest in growth at high rates of return. When we think about Iren SpA's use of debt, we should always consider it together with cash and equity. |
Iren SpA 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 Iren Pink Sheet often depends not only on the future outlook of the current and potential Iren SpA'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. Iren SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Iren SpA Technical Analysis
Iren SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Iren Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iren SpA ADR. In general, you should focus on analyzing Iren Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Iren SpA Predictive Forecast Models
Iren SpA's time-series forecasting models is one of many Iren SpA'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 Iren SpA'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 Iren SpA ADR
Checking the ongoing alerts about Iren SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iren SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iren SpA ADR is not yet fully synchronised with the market data | |
| Iren SpA ADR has a very high chance of going through financial distress in the upcoming years | |
| Iren SpA ADR has accumulated 3.46 B in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. Iren SpA ADR has a current ratio of 0.9, 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 Iren SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Iren SpA'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 Iren SpA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iren to invest in growth at high rates of return. When we think about Iren SpA's use of debt, we should always consider it together with cash and equity. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Iren Pink Sheet
If you are still planning to invest in Iren SpA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iren SpA's history and understand the potential risks before investing.
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