Ese Entertainment Stock Probability of Future OTC Stock Price Finishing Under 0.079
| ENTEF Stock | USD 0.04 0 7.89% |
ESE |
ESE Entertainment Target Price Odds to finish below 0.079
The tendency of ESE OTC 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 under $ 0.08 after 90 days |
| 0.04 | 90 days | 0.08 | roughly 96.0 |
Based on a normal probability distribution, the odds of ESE Entertainment to stay under $ 0.08 after 90 days from now is roughly 96.0 (This ESE Entertainment probability density function shows the probability of ESE OTC Stock to fall within a particular range of prices over 90 days) . Probability of ESE Entertainment price to stay between its current price of $ 0.04 and $ 0.08 at the end of the 90-day period is about 85.44 .
Assuming the 90 days horizon ESE Entertainment has a beta of -0.0959 suggesting as returns on the benchmark increase, returns on holding ESE Entertainment are expected to decrease at a much lower rate. During a bear market, however, ESE Entertainment is likely to outperform the market. Additionally ESE Entertainment 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. ESE Entertainment Price Density |
| Price |
Predictive Modules for ESE Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESE Entertainment. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 ESE Entertainment'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.
ESE Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ESE Entertainment is not an exception. The market had few large corrections towards the ESE Entertainment'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 ESE Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ESE Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.81 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.12 |
ESE Entertainment 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 ESE Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ESE Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ESE Entertainment generated a negative expected return over the last 90 days | |
| ESE Entertainment has high historical volatility and very poor performance | |
| ESE Entertainment has some characteristics of a very speculative penny stock | |
| ESE Entertainment has a very high chance of going through financial distress in the upcoming years | |
| ESE Entertainment has accumulated 5.09 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. ESE Entertainment has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ESE Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, ESE Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ESE Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ESE to invest in growth at high rates of return. When we think about ESE Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 11.38 M. Net Loss for the year was (17.22 M) with profit before overhead, payroll, taxes, and interest of 1.15 M. | |
| ESE Entertainment has accumulated about 3.67 M in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of ESE Entertainment shares are held by company insiders |
ESE Entertainment 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 ESE OTC Stock often depends not only on the future outlook of the current and potential ESE Entertainment'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. ESE Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60.1 M | |
| Shares Float | 40.7 M |
ESE Entertainment Technical Analysis
ESE Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. ESE OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ESE Entertainment. In general, you should focus on analyzing ESE OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
ESE Entertainment Predictive Forecast Models
ESE Entertainment's time-series forecasting models is one of many ESE Entertainment's otc 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 ESE Entertainment'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 otc stock market movement and maximize returns from investment trading.
Things to note about ESE Entertainment
Checking the ongoing alerts about ESE Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ESE Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ESE Entertainment generated a negative expected return over the last 90 days | |
| ESE Entertainment has high historical volatility and very poor performance | |
| ESE Entertainment has some characteristics of a very speculative penny stock | |
| ESE Entertainment has a very high chance of going through financial distress in the upcoming years | |
| ESE Entertainment has accumulated 5.09 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. ESE Entertainment has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ESE Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, ESE Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ESE Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ESE to invest in growth at high rates of return. When we think about ESE Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 11.38 M. Net Loss for the year was (17.22 M) with profit before overhead, payroll, taxes, and interest of 1.15 M. | |
| ESE Entertainment has accumulated about 3.67 M in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of ESE Entertainment shares are held by company insiders |
Other Information on Investing in ESE OTC Stock
ESE Entertainment financial ratios help investors to determine whether ESE OTC 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 ESE with respect to the benefits of owning ESE Entertainment security.