Energisa Mato (Brazil) Probability of Future Stock Price Finishing Under 64.88
| ENMT3 Stock | BRL 74.26 8.74 10.53% |
Energisa |
Energisa Mato Target Price Odds to finish below 64.88
The tendency of Energisa 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 R$ 64.88 or more in 90 days |
| 74.26 | 90 days | 64.88 | near 1 |
Based on a normal probability distribution, the odds of Energisa Mato to drop to R$ 64.88 or more in 90 days from now is near 1 (This Energisa Mato Grosso probability density function shows the probability of Energisa Stock to fall within a particular range of prices over 90 days) . Probability of Energisa Mato Grosso price to stay between R$ 64.88 and its current price of R$74.26 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Energisa Mato Grosso has a beta of -0.0833 suggesting as returns on the benchmark increase, returns on holding Energisa Mato are expected to decrease at a much lower rate. During a bear market, however, Energisa Mato Grosso is likely to outperform the market. Additionally Energisa Mato Grosso 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. Energisa Mato Price Density |
| Price |
Predictive Modules for Energisa Mato
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energisa Mato Grosso. 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.Energisa Mato Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energisa Mato is not an exception. The market had few large corrections towards the Energisa Mato'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 Energisa Mato Grosso, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energisa Mato within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 3.35 | |
Ir | Information ratio | -0.15 |
Energisa Mato 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 Energisa Mato for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energisa Mato Grosso can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energisa Mato Grosso generated a negative expected return over the last 90 days | |
| About 94.0% of the company shares are held by company insiders |
Energisa Mato 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 Energisa Stock often depends not only on the future outlook of the current and potential Energisa Mato'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. Energisa Mato's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 218.9 M | |
| Cash And Short Term Investments | 939.8 M |
Energisa Mato Technical Analysis
Energisa Mato's future price can be derived by breaking down and analyzing its technical indicators over time. Energisa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energisa Mato Grosso. In general, you should focus on analyzing Energisa Stock price patterns and their correlations with different microeconomic environments and drivers.
Energisa Mato Predictive Forecast Models
Energisa Mato's time-series forecasting models is one of many Energisa Mato'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 Energisa Mato'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 Energisa Mato Grosso
Checking the ongoing alerts about Energisa Mato for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energisa Mato Grosso help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energisa Mato Grosso generated a negative expected return over the last 90 days | |
| About 94.0% of the company shares are held by company insiders |
Additional Tools for Energisa Stock Analysis
When running Energisa Mato's price analysis, check to measure Energisa Mato'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 Energisa Mato is operating at the current time. Most of Energisa Mato's value examination focuses on studying past and present price action to predict the probability of Energisa Mato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energisa Mato's price. Additionally, you may evaluate how the addition of Energisa Mato to your portfolios can decrease your overall portfolio volatility.