88 Energy (Australia) Probability of Future Stock Price Finishing Under 0.0001
| 88E Stock | 0 0.0005 33.33% |
88E |
88 Energy Target Price Odds to finish below 0.0001
The tendency of 88E 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 0.0001 or more in 90 days |
| 0 | 90 days | 0.0001 | near 1 |
Based on a normal probability distribution, the odds of 88 Energy to drop to 0.0001 or more in 90 days from now is near 1 (This 88 Energy probability density function shows the probability of 88E Stock to fall within a particular range of prices over 90 days) . Probability of 88 Energy price to stay between 0.0001 and its current price of 0.002 at the end of the 90-day period is about 53.71 .
Assuming the 90 days trading horizon 88 Energy has a beta of -0.82. This suggests as returns on the benchmark increase, returns on holding 88 Energy are expected to decrease at a much lower rate. During a bear market, however, 88 Energy is likely to outperform the market. In addition to that 88 Energy has an alpha of 3.6042, implying that it can generate a 3.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 88 Energy Price Density |
| Price |
Predictive Modules for 88 Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 88 Energy. 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.88 Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 88 Energy is not an exception. The market had few large corrections towards the 88 Energy'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 88 Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 88 Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.60 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.14 |
88 Energy 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 88 Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 88 Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 88 Energy is way too risky over 90 days horizon | |
| 88 Energy has some characteristics of a very speculative penny stock | |
| 88 Energy appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (14.44 M) with profit before overhead, payroll, taxes, and interest of 2.5 K. | |
| 88 Energy generates negative cash flow from operations | |
| Latest headline from news.google.com: Gensol Engineering share price Green energy stock gains on securing Rs 88 cr solar power project - ET Now |
88 Energy 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 88E Stock often depends not only on the future outlook of the current and potential 88 Energy'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. 88 Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.6 B | |
| Cash And Short Term Investments | 18.2 M |
88 Energy Technical Analysis
88 Energy's future price can be derived by breaking down and analyzing its technical indicators over time. 88E Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 88 Energy. In general, you should focus on analyzing 88E Stock price patterns and their correlations with different microeconomic environments and drivers.
88 Energy Predictive Forecast Models
88 Energy's time-series forecasting models is one of many 88 Energy'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 88 Energy'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 88 Energy
Checking the ongoing alerts about 88 Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 88 Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 88 Energy is way too risky over 90 days horizon | |
| 88 Energy has some characteristics of a very speculative penny stock | |
| 88 Energy appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (14.44 M) with profit before overhead, payroll, taxes, and interest of 2.5 K. | |
| 88 Energy generates negative cash flow from operations | |
| Latest headline from news.google.com: Gensol Engineering share price Green energy stock gains on securing Rs 88 cr solar power project - ET Now |
Additional Tools for 88E Stock Analysis
When running 88 Energy's price analysis, check to measure 88 Energy'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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.