Enerkon Solar International Stock Probability of Future Pink Sheet Price Finishing Under 1.69E-4
| NTAC Stock | USD 0.0002 0.0001 33.33% |
Enerkon |
Enerkon Solar Target Price Odds to finish below 1.69E-4
The tendency of Enerkon 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 drop to $ 0.0002 or more in 90 days |
| 0.0002 | 90 days | 0.0002 | about 25.96 |
Based on a normal probability distribution, the odds of Enerkon Solar to drop to $ 0.0002 or more in 90 days from now is about 25.96 (This Enerkon Solar International probability density function shows the probability of Enerkon Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Enerkon Solar Intern price to stay between $ 0.0002 and its current price of $2.0E-4 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.77 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Enerkon Solar will likely underperform. In addition to that Enerkon Solar International has an alpha of 5.3463, implying that it can generate a 5.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Enerkon Solar Price Density |
| Price |
Predictive Modules for Enerkon Solar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enerkon Solar Intern. 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.Enerkon Solar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enerkon Solar is not an exception. The market had few large corrections towards the Enerkon Solar'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 Enerkon Solar International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enerkon Solar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.35 | |
β | Beta against Dow Jones | 2.77 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.08 |
Enerkon Solar 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 Enerkon Solar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enerkon Solar Intern can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enerkon Solar Intern is way too risky over 90 days horizon | |
| Enerkon Solar Intern has some characteristics of a very speculative penny stock | |
| Enerkon Solar Intern appears to be risky and price may revert if volatility continues | |
| Enerkon Solar Intern has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 91.87 K. Net Loss for the year was (98.9 K) with profit before overhead, payroll, taxes, and interest of 58.68 K. | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Enerkon Solar Technical Analysis
Enerkon Solar's future price can be derived by breaking down and analyzing its technical indicators over time. Enerkon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enerkon Solar International. In general, you should focus on analyzing Enerkon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Enerkon Solar Predictive Forecast Models
Enerkon Solar's time-series forecasting models is one of many Enerkon Solar'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 Enerkon Solar'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 Enerkon Solar Intern
Checking the ongoing alerts about Enerkon Solar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enerkon Solar Intern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enerkon Solar Intern is way too risky over 90 days horizon | |
| Enerkon Solar Intern has some characteristics of a very speculative penny stock | |
| Enerkon Solar Intern appears to be risky and price may revert if volatility continues | |
| Enerkon Solar Intern has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 91.87 K. Net Loss for the year was (98.9 K) with profit before overhead, payroll, taxes, and interest of 58.68 K. | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Enerkon Pink Sheet
Enerkon Solar financial ratios help investors to determine whether Enerkon 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 Enerkon with respect to the benefits of owning Enerkon Solar security.