Euro Tech Holdings Stock Probability of Future Stock Price Finishing Under 1.39
| CLWT Stock | USD 1.40 0.06 4.11% |
Euro |
Euro Tech Target Price Odds to finish below 1.39
The tendency of Euro 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 drop to $ 1.39 or more in 90 days |
| 1.40 | 90 days | 1.39 | about 5.91 |
Based on a normal probability distribution, the odds of Euro Tech to drop to $ 1.39 or more in 90 days from now is about 5.91 (This Euro Tech Holdings probability density function shows the probability of Euro Stock to fall within a particular range of prices over 90 days) . Probability of Euro Tech Holdings price to stay between $ 1.39 and its current price of $1.4 at the end of the 90-day period is about 1.7 .
Given the investment horizon of 90 days Euro Tech Holdings has a beta of -0.46 suggesting as returns on the benchmark increase, returns on holding Euro Tech are expected to decrease at a much lower rate. During a bear market, however, Euro Tech Holdings is likely to outperform the market. Additionally Euro Tech Holdings 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. Euro Tech Price Density |
| Price |
Predictive Modules for Euro Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Euro Tech Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Euro Tech'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.
Euro Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Euro Tech is not an exception. The market had few large corrections towards the Euro Tech'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 Euro Tech Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Euro Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.12 |
Euro Tech 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 Euro Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Euro Tech Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Euro Tech Holdings generated a negative expected return over the last 90 days | |
| Euro Tech Holdings may become a speculative penny stock | |
| Euro Tech Holdings is unlikely to experience financial distress in the next 2 years | |
| Euro Tech Holdings currently holds about 5.27 M in cash with (80 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68. | |
| Roughly 56.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Euro Tech Holdings Company Limited Reports Interim Results For The Six Months Ended June 30, 2024 |
Euro Tech 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 Euro Stock often depends not only on the future outlook of the current and potential Euro Tech'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. Euro Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.7 M | |
| Cash And Short Term Investments | 5.5 M |
Euro Tech Technical Analysis
Euro Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Euro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Euro Tech Holdings. In general, you should focus on analyzing Euro Stock price patterns and their correlations with different microeconomic environments and drivers.
Euro Tech Predictive Forecast Models
Euro Tech's time-series forecasting models is one of many Euro Tech'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 Euro Tech'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 Euro Tech Holdings
Checking the ongoing alerts about Euro Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Euro Tech Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Euro Tech Holdings generated a negative expected return over the last 90 days | |
| Euro Tech Holdings may become a speculative penny stock | |
| Euro Tech Holdings is unlikely to experience financial distress in the next 2 years | |
| Euro Tech Holdings currently holds about 5.27 M in cash with (80 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68. | |
| Roughly 56.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Euro Tech Holdings Company Limited Reports Interim Results For The Six Months Ended June 30, 2024 |
Additional Tools for Euro Stock Analysis
When running Euro Tech's price analysis, check to measure Euro Tech'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 Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.