Entravision Communications Stock Probability of Future Stock Price Finishing Under 4.24
| EVC Stock | USD 2.57 0.02 0.78% |
Closest to current price Entravision long CALL Option Payoff at Expiration
Entravision |
Entravision Communications Target Price Odds to finish below 4.24
The tendency of Entravision 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 $ 4.24 after 90 days |
| 2.57 | 90 days | 4.24 | close to 99 |
Based on a normal probability distribution, the odds of Entravision Communications to stay under $ 4.24 after 90 days from now is close to 99 (This Entravision Communications probability density function shows the probability of Entravision Stock to fall within a particular range of prices over 90 days) . Probability of Entravision Communications price to stay between its current price of $ 2.57 and $ 4.24 at the end of the 90-day period is about 5.8 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.59 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Entravision Communications will likely underperform. Additionally Entravision Communications has an alpha of 0.3176, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Entravision Communications Price Density |
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Predictive Modules for Entravision Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Entravision Communications. 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 Entravision Communications' 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.
Entravision Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Entravision Communications is not an exception. The market had few large corrections towards the Entravision Communications' 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 Entravision Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Entravision Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 1.59 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.13 |
Entravision Communications 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 Entravision Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Entravision Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Entravision Communications appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 1.11 B. Reported Net Loss for the year was (15.44 M) with profit before taxes, overhead, and interest of 215.68 M. | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Entravisions White House Correspondent Stephanie Ochoa Honored with 2024 Foreign Press Excellence Award |
Entravision Communications 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 Entravision Stock often depends not only on the future outlook of the current and potential Entravision Communications' 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. Entravision Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87.9 M | |
| Cash And Short Term Investments | 118.9 M |
Entravision Communications Technical Analysis
Entravision Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Entravision Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Entravision Communications. In general, you should focus on analyzing Entravision Stock price patterns and their correlations with different microeconomic environments and drivers.
Entravision Communications Predictive Forecast Models
Entravision Communications' time-series forecasting models is one of many Entravision Communications' 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 Entravision Communications' 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 Entravision Communications
Checking the ongoing alerts about Entravision Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Entravision Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Entravision Communications appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 1.11 B. Reported Net Loss for the year was (15.44 M) with profit before taxes, overhead, and interest of 215.68 M. | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Entravisions White House Correspondent Stephanie Ochoa Honored with 2024 Foreign Press Excellence Award |
Check out Entravision Communications Backtesting, Entravision Communications Valuation, Entravision Communications Correlation, Entravision Communications Hype Analysis, Entravision Communications Volatility, Entravision Communications History as well as Entravision Communications Performance. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Entravision Communications. If investors know Entravision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Entravision Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 0.2 | Earnings Share (0.11) | Revenue Per Share 12.822 | Quarterly Revenue Growth 0.255 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.