Electro Ao (Brazil) Probability of Future Stock Price Finishing Under 11.71

EALT3 Stock  BRL 13.56  0.09  0.66%   
Electro Ao's future price is the expected price of Electro Ao 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 Electro Ao Altona performance during a given time horizon utilizing its historical volatility. Check out Electro Ao Backtesting, Electro Ao Valuation, Electro Ao Correlation, Electro Ao Hype Analysis, Electro Ao Volatility, Electro Ao History as well as Electro Ao Performance.
  
Please specify Electro Ao's target price for which you would like Electro Ao odds to be computed.

Electro Ao Target Price Odds to finish below 11.71

The tendency of Electro 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 drop to R$ 11.71  or more in 90 days
 13.56 90 days 11.71 
near 1
Based on a normal probability distribution, the odds of Electro Ao to drop to R$ 11.71  or more in 90 days from now is near 1 (This Electro Ao Altona probability density function shows the probability of Electro Stock to fall within a particular range of prices over 90 days) . Probability of Electro Ao Altona price to stay between R$ 11.71  and its current price of R$13.56 at the end of the 90-day period is nearly 4.73 .
Assuming the 90 days trading horizon Electro Ao Altona has a beta of -0.48 suggesting as returns on the benchmark increase, returns on holding Electro Ao are expected to decrease at a much lower rate. During a bear market, however, Electro Ao Altona is likely to outperform the market. Additionally Electro Ao Altona 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.
   Electro Ao Price Density   
       Price  

Predictive Modules for Electro Ao

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electro Ao Altona. 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
11.0613.5616.06
Details
Intrinsic
Valuation
LowRealHigh
9.2111.7114.21
Details
Naive
Forecast
LowNextHigh
11.6914.1916.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6614.3316.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electro Ao. Your research has to be compared to or analyzed against Electro Ao's peers to derive any actionable benefits. When done correctly, Electro Ao's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Electro Ao Altona.

Electro Ao Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Electro Ao is not an exception. The market had few large corrections towards the Electro Ao'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 Electro Ao Altona, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electro Ao within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.13
β
Beta against Dow Jones-0.48
σ
Overall volatility
0.67
Ir
Information ratio -0.1

Electro Ao 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 Electro Ao for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electro Ao Altona can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Electro Ao Altona generated a negative expected return over the last 90 days
About 92.0% of the company shares are held by company insiders

Electro Ao 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 Electro Stock often depends not only on the future outlook of the current and potential Electro Ao'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. Electro Ao's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding22.5 M
Cash And Short Term Investments24 M

Electro Ao Technical Analysis

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

Electro Ao Predictive Forecast Models

Electro Ao's time-series forecasting models is one of many Electro Ao'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 Electro Ao'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 Electro Ao Altona

Checking the ongoing alerts about Electro Ao for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electro Ao Altona help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Electro Ao Altona generated a negative expected return over the last 90 days
About 92.0% of the company shares are held by company insiders

Additional Tools for Electro Stock Analysis

When running Electro Ao's price analysis, check to measure Electro Ao'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 Electro Ao is operating at the current time. Most of Electro Ao's value examination focuses on studying past and present price action to predict the probability of Electro Ao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Ao's price. Additionally, you may evaluate how the addition of Electro Ao to your portfolios can decrease your overall portfolio volatility.