Elcora Advanced Materials Stock Probability of Future Pink Sheet Price Finishing Under 0.0142
| ECORF Stock | USD 0.01 0 17.24% |
Elcora |
Elcora Advanced Target Price Odds to finish below 0.0142
The tendency of Elcora Pink Sheet 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 $ 0.01 after 90 days |
| 0.01 | 90 days | 0.01 | about 39.44 |
Based on a normal probability distribution, the odds of Elcora Advanced to stay under $ 0.01 after 90 days from now is about 39.44 (This Elcora Advanced Materials probability density function shows the probability of Elcora Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Elcora Advanced Materials price to stay between its current price of $ 0.01 and $ 0.01 at the end of the 90-day period is about 31.92 .
Assuming the 90 days horizon Elcora Advanced Materials has a beta of -1.28 suggesting as returns on its benchmark rise, returns on holding Elcora Advanced Materials are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Elcora Advanced is expected to outperform its benchmark. Additionally Elcora Advanced Materials has an alpha of 0.2154, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Elcora Advanced Price Density |
| Price |
Predictive Modules for Elcora Advanced
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elcora Advanced Materials. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Elcora Advanced Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elcora Advanced is not an exception. The market had few large corrections towards the Elcora Advanced'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 Elcora Advanced Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elcora Advanced within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -1.28 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0074 |
Elcora Advanced 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 Elcora Advanced for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elcora Advanced Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elcora Advanced had very high historical volatility over the last 90 days | |
| Elcora Advanced has some characteristics of a very speculative penny stock | |
| Elcora Advanced Materials has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, 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 Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced'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 Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.09 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elcora Advanced Materials has accumulated about 208.06 K in cash with (1.43 M) of positive cash flow from operations. |
Elcora Advanced 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 Elcora Pink Sheet often depends not only on the future outlook of the current and potential Elcora Advanced'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. Elcora Advanced's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.3 M |
Elcora Advanced Technical Analysis
Elcora Advanced's future price can be derived by breaking down and analyzing its technical indicators over time. Elcora Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elcora Advanced Materials. In general, you should focus on analyzing Elcora Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Elcora Advanced Predictive Forecast Models
Elcora Advanced's time-series forecasting models is one of many Elcora Advanced's pink sheet 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 Elcora Advanced'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Elcora Advanced Materials
Checking the ongoing alerts about Elcora Advanced for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elcora Advanced Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elcora Advanced had very high historical volatility over the last 90 days | |
| Elcora Advanced has some characteristics of a very speculative penny stock | |
| Elcora Advanced Materials has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, 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 Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced'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 Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.09 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elcora Advanced Materials has accumulated about 208.06 K in cash with (1.43 M) of positive cash flow from operations. |
Other Information on Investing in Elcora Pink Sheet
Elcora Advanced financial ratios help investors to determine whether Elcora Pink Sheet 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 Elcora with respect to the benefits of owning Elcora Advanced security.