Edp Energias De Stock Probability of Future Pink Sheet Price Finishing Over 34.41
| EDPFY Stock | USD 32.72 0.20 0.61% |
EDP |
EDP Energias Target Price Odds to finish over 34.41
The tendency of EDP 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 move over $ 34.41 or more in 90 days |
| 32.72 | 90 days | 34.41 | about 82.57 |
Based on a normal probability distribution, the odds of EDP Energias to move over $ 34.41 or more in 90 days from now is about 82.57 (This EDP Energias de probability density function shows the probability of EDP Pink Sheet to fall within a particular range of prices over 90 days) . Probability of EDP Energias de price to stay between its current price of $ 32.72 and $ 34.41 at the end of the 90-day period is about 8.47 .
Assuming the 90 days horizon EDP Energias de has a beta of -0.049 suggesting as returns on the benchmark increase, returns on holding EDP Energias are expected to decrease at a much lower rate. During a bear market, however, EDP Energias de is likely to outperform the market. Additionally EDP Energias de 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. EDP Energias Price Density |
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Predictive Modules for EDP Energias
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EDP Energias de. 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.EDP Energias Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EDP Energias is not an exception. The market had few large corrections towards the EDP Energias' 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 EDP Energias de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EDP Energias within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 4.16 | |
Ir | Information ratio | -0.29 |
EDP Energias 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 EDP Energias for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EDP Energias de can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EDP Energias de generated a negative expected return over the last 90 days |
EDP Energias 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 EDP Pink Sheet often depends not only on the future outlook of the current and potential EDP Energias' 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. EDP Energias' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 394.7 M | |
| Cash And Short Term Investments | 3.2 B |
EDP Energias Technical Analysis
EDP Energias' future price can be derived by breaking down and analyzing its technical indicators over time. EDP Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EDP Energias de. In general, you should focus on analyzing EDP Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
EDP Energias Predictive Forecast Models
EDP Energias' time-series forecasting models is one of many EDP Energias' 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 EDP Energias' 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 EDP Energias de
Checking the ongoing alerts about EDP Energias for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EDP Energias de help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EDP Energias de generated a negative expected return over the last 90 days |
Additional Tools for EDP Pink Sheet Analysis
When running EDP Energias' price analysis, check to measure EDP Energias' 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 EDP Energias is operating at the current time. Most of EDP Energias' value examination focuses on studying past and present price action to predict the probability of EDP Energias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Energias' price. Additionally, you may evaluate how the addition of EDP Energias to your portfolios can decrease your overall portfolio volatility.