ENF Technology (Korea) Probability of Future Stock Price Finishing Under 17368.75

102710 Stock   17,050  540.00  3.27%   
ENF Technology's future price is the expected price of ENF Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ENF Technology Co performance during a given time horizon utilizing its historical volatility. Check out ENF Technology Backtesting, ENF Technology Valuation, ENF Technology Correlation, ENF Technology Hype Analysis, ENF Technology Volatility, ENF Technology History as well as ENF Technology Performance.
  
Please specify ENF Technology's target price for which you would like ENF Technology odds to be computed.

ENF Technology Target Price Odds to finish below 17368.75

The tendency of ENF 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 PriceHorizonTarget PriceOdds to stay under  17,369  after 90 days
 17,050 90 days 17,369 
about 40.92
Based on a normal probability distribution, the odds of ENF Technology to stay under  17,369  after 90 days from now is about 40.92 (This ENF Technology Co probability density function shows the probability of ENF Stock to fall within a particular range of prices over 90 days) . Probability of ENF Technology price to stay between its current price of  17,050  and  17,369  at the end of the 90-day period is nearly 4.88 .
Assuming the 90 days trading horizon ENF Technology Co has a beta of -0.33. This suggests as returns on the benchmark increase, returns on holding ENF Technology are expected to decrease at a much lower rate. During a bear market, however, ENF Technology Co is likely to outperform the market. Additionally ENF Technology Co 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.
   ENF Technology Price Density   
       Price  

Predictive Modules for ENF Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENF Technology. 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.
Hype
Prediction
LowEstimatedHigh
17,04717,05017,053
Details
Intrinsic
Valuation
LowRealHigh
15,06915,07218,755
Details

ENF Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ENF Technology is not an exception. The market had few large corrections towards the ENF Technology'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 ENF Technology Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENF Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.41
β
Beta against Dow Jones-0.33
σ
Overall volatility
2,498
Ir
Information ratio -0.14

ENF Technology 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 ENF Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENF Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ENF Technology generated a negative expected return over the last 90 days
ENF Technology has high historical volatility and very poor performance
About 35.0% of the company shares are owned by insiders or employees

ENF Technology 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 ENF Stock often depends not only on the future outlook of the current and potential ENF Technology'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. ENF Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding14.3 M
Cash And Short Term Investments45.3 B

ENF Technology Technical Analysis

ENF Technology's future price can be derived by breaking down and analyzing its technical indicators over time. ENF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENF Technology Co. In general, you should focus on analyzing ENF Stock price patterns and their correlations with different microeconomic environments and drivers.

ENF Technology Predictive Forecast Models

ENF Technology's time-series forecasting models is one of many ENF Technology'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 ENF Technology'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 ENF Technology

Checking the ongoing alerts about ENF Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENF Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ENF Technology generated a negative expected return over the last 90 days
ENF Technology has high historical volatility and very poor performance
About 35.0% of the company shares are owned by insiders or employees

Other Information on Investing in ENF Stock

ENF Technology financial ratios help investors to determine whether ENF 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 ENF with respect to the benefits of owning ENF Technology security.