ECM Libra (Malaysia) Probability of Future Stock Price Finishing Over 0.16
| 2143 Stock | 0.17 0.00 0.00% |
ECM |
ECM Libra Target Price Odds to finish over 0.16
The tendency of ECM 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 above 0.16 in 90 days |
| 0.17 | 90 days | 0.16 | under 95 |
Based on a normal probability distribution, the odds of ECM Libra to stay above 0.16 in 90 days from now is under 95 (This ECM Libra Financial probability density function shows the probability of ECM Stock to fall within a particular range of prices over 90 days) . Probability of ECM Libra Financial price to stay between 0.16 and its current price of 0.17 at the end of the 90-day period is about 8.66 .
Assuming the 90 days trading horizon ECM Libra has a beta of 0.6. This suggests as returns on the market go up, ECM Libra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ECM Libra Financial will be expected to be much smaller as well. Additionally ECM Libra Financial 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. ECM Libra Price Density |
| Price |
Predictive Modules for ECM Libra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ECM Libra Financial. 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.ECM Libra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ECM Libra is not an exception. The market had few large corrections towards the ECM Libra'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 ECM Libra Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ECM Libra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.1 |
ECM Libra 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 ECM Libra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ECM Libra Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ECM Libra Financial generated a negative expected return over the last 90 days | |
| ECM Libra Financial has some characteristics of a very speculative penny stock | |
| ECM Libra Financial has high historical volatility and very poor performance | |
| ECM Libra Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 13.31 M. Net Loss for the year was (7.17 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ECM Libra Financial has accumulated about 17.7 M in cash with (7.3 M) of positive cash flow from operations. |
ECM Libra 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 ECM Stock often depends not only on the future outlook of the current and potential ECM Libra'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. ECM Libra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 479.9 M | |
| Short Long Term Debt | 20.8 M | |
| Cash And Short Term Investments | 17.7 M |
ECM Libra Technical Analysis
ECM Libra's future price can be derived by breaking down and analyzing its technical indicators over time. ECM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ECM Libra Financial. In general, you should focus on analyzing ECM Stock price patterns and their correlations with different microeconomic environments and drivers.
ECM Libra Predictive Forecast Models
ECM Libra's time-series forecasting models is one of many ECM Libra'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 ECM Libra'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 ECM Libra Financial
Checking the ongoing alerts about ECM Libra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ECM Libra Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ECM Libra Financial generated a negative expected return over the last 90 days | |
| ECM Libra Financial has some characteristics of a very speculative penny stock | |
| ECM Libra Financial has high historical volatility and very poor performance | |
| ECM Libra Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 13.31 M. Net Loss for the year was (7.17 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ECM Libra Financial has accumulated about 17.7 M in cash with (7.3 M) of positive cash flow from operations. |
Other Information on Investing in ECM Stock
ECM Libra financial ratios help investors to determine whether ECM Stock 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 ECM with respect to the benefits of owning ECM Libra security.