Ellsworth Growth And Preferred Stock Probability of Future Preferred Stock Price Finishing Over 24.96
| ECF-PA Preferred Stock | USD 23.66 0.32 1.37% |
Ellsworth |
Ellsworth Growth Target Price Odds to finish over 24.96
The tendency of Ellsworth Preferred 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 move over $ 24.96 or more in 90 days |
| 23.66 | 90 days | 24.96 | near 1 |
Based on a normal probability distribution, the odds of Ellsworth Growth to move over $ 24.96 or more in 90 days from now is near 1 (This Ellsworth Growth and probability density function shows the probability of Ellsworth Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Ellsworth Growth price to stay between its current price of $ 23.66 and $ 24.96 at the end of the 90-day period is about 59.22 .
Assuming the 90 days trading horizon Ellsworth Growth has a beta of 0.0734 suggesting as returns on the market go up, Ellsworth Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ellsworth Growth and will be expected to be much smaller as well. Additionally Ellsworth Growth and has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ellsworth Growth Price Density |
| Price |
Predictive Modules for Ellsworth Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ellsworth Growth. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Ellsworth Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ellsworth Growth is not an exception. The market had few large corrections towards the Ellsworth Growth'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 Ellsworth Growth and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ellsworth Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.11 |
Ellsworth Growth 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 Ellsworth Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ellsworth Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ellsworth Growth has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.1 M. Net Loss for the year was (50.74 M) with profit before overhead, payroll, taxes, and interest of 3.1 M. |
Ellsworth Growth Technical Analysis
Ellsworth Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Ellsworth Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ellsworth Growth and. In general, you should focus on analyzing Ellsworth Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Ellsworth Growth Predictive Forecast Models
Ellsworth Growth's time-series forecasting models is one of many Ellsworth Growth's preferred 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 Ellsworth Growth'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Ellsworth Growth
Checking the ongoing alerts about Ellsworth Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ellsworth Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ellsworth Growth has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.1 M. Net Loss for the year was (50.74 M) with profit before overhead, payroll, taxes, and interest of 3.1 M. |
Other Information on Investing in Ellsworth Preferred Stock
Ellsworth Growth financial ratios help investors to determine whether Ellsworth Preferred 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 Ellsworth with respect to the benefits of owning Ellsworth Growth security.