ENTAIN PLC (Germany) Probability of Future Stock Price Finishing Under 7.34
| 6GI0 Stock | EUR 8.55 0.05 0.59% |
ENTAIN |
ENTAIN PLC Target Price Odds to finish below 7.34
The tendency of ENTAIN 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 € 7.34 or more in 90 days |
| 8.55 | 90 days | 7.34 | near 1 |
Based on a normal probability distribution, the odds of ENTAIN PLC to drop to € 7.34 or more in 90 days from now is near 1 (This ENTAIN PLC UNSPADR1 probability density function shows the probability of ENTAIN Stock to fall within a particular range of prices over 90 days) . Probability of ENTAIN PLC UNSPADR1 price to stay between € 7.34 and its current price of €8.55 at the end of the 90-day period is about 13.08 .
Assuming the 90 days trading horizon ENTAIN PLC UNSPADR1 has a beta of -0.22. This suggests as returns on the benchmark increase, returns on holding ENTAIN PLC are expected to decrease at a much lower rate. During a bear market, however, ENTAIN PLC UNSPADR1 is likely to outperform the market. Additionally ENTAIN PLC UNSPADR1 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. ENTAIN PLC Price Density |
| Price |
Predictive Modules for ENTAIN PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENTAIN PLC UNSPADR1. 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.ENTAIN PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENTAIN PLC is not an exception. The market had few large corrections towards the ENTAIN PLC'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 ENTAIN PLC UNSPADR1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENTAIN PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.02 |
ENTAIN PLC 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 ENTAIN PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENTAIN PLC UNSPADR1 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ENTAIN PLC UNSPADR1 generated a negative expected return over the last 90 days | |
| ENTAIN PLC UNSPADR1 has accumulated 2.46 B in total debt with debt to equity ratio (D/E) of 0.8, which is about average as compared to similar companies. ENTAIN PLC UNSPADR1 has a current ratio of 0.91, 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 ENTAIN PLC until it has trouble settling it off, either with new capital or with free cash flow. So, ENTAIN PLC'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 ENTAIN PLC UNSPADR1 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ENTAIN to invest in growth at high rates of return. When we think about ENTAIN PLC's use of debt, we should always consider it together with cash and equity. |
ENTAIN PLC Technical Analysis
ENTAIN PLC's future price can be derived by breaking down and analyzing its technical indicators over time. ENTAIN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENTAIN PLC UNSPADR1. In general, you should focus on analyzing ENTAIN Stock price patterns and their correlations with different microeconomic environments and drivers.
ENTAIN PLC Predictive Forecast Models
ENTAIN PLC's time-series forecasting models is one of many ENTAIN PLC'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 ENTAIN PLC'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 ENTAIN PLC UNSPADR1
Checking the ongoing alerts about ENTAIN PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENTAIN PLC UNSPADR1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENTAIN PLC UNSPADR1 generated a negative expected return over the last 90 days | |
| ENTAIN PLC UNSPADR1 has accumulated 2.46 B in total debt with debt to equity ratio (D/E) of 0.8, which is about average as compared to similar companies. ENTAIN PLC UNSPADR1 has a current ratio of 0.91, 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 ENTAIN PLC until it has trouble settling it off, either with new capital or with free cash flow. So, ENTAIN PLC'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 ENTAIN PLC UNSPADR1 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ENTAIN to invest in growth at high rates of return. When we think about ENTAIN PLC's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in ENTAIN Stock
ENTAIN PLC financial ratios help investors to determine whether ENTAIN 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 ENTAIN with respect to the benefits of owning ENTAIN PLC security.