Eternal Energy (Thailand) Probability of Future Stock Price Finishing Under 0.41
| EE Stock | THB 0.58 0.02 3.57% |
Eternal |
Eternal Energy Target Price Odds to finish below 0.41
The tendency of Eternal 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 0.41 or more in 90 days |
| 0.58 | 90 days | 0.41 | about 98.0 |
Based on a normal probability distribution, the odds of Eternal Energy to drop to 0.41 or more in 90 days from now is about 98.0 (This Eternal Energy Public probability density function shows the probability of Eternal Stock to fall within a particular range of prices over 90 days) . Probability of Eternal Energy Public price to stay between 0.41 and its current price of 0.58 at the end of the 90-day period is about 1.52 .
Assuming the 90 days horizon Eternal Energy Public has a beta of -1.95 suggesting as returns on its benchmark rise, returns on holding Eternal Energy Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eternal Energy is expected to outperform its benchmark. In addition to that Eternal Energy Public has an alpha of 2.7497, implying that it can generate a 2.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eternal Energy Price Density |
| Price |
Predictive Modules for Eternal 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 Eternal Energy Public. 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.Eternal Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eternal Energy is not an exception. The market had few large corrections towards the Eternal 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 Eternal Energy Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eternal Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.75 | |
β | Beta against Dow Jones | -1.95 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.26 |
Eternal 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 Eternal Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eternal Energy Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eternal Energy is way too risky over 90 days horizon | |
| Eternal Energy has some characteristics of a very speculative penny stock | |
| Eternal Energy appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.77, 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 Eternal Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Eternal Energy'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 Eternal Energy Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eternal to invest in growth at high rates of return. When we think about Eternal Energy's use of debt, we should always consider it together with cash and equity. | |
| Eternal Energy Public has accumulated about 87.25 M in cash with (24.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 27.0% of the company shares are held by company insiders |
Eternal 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 Eternal Stock often depends not only on the future outlook of the current and potential Eternal 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. Eternal Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.8 B |
Eternal Energy Technical Analysis
Eternal Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Eternal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eternal Energy Public. In general, you should focus on analyzing Eternal Stock price patterns and their correlations with different microeconomic environments and drivers.
Eternal Energy Predictive Forecast Models
Eternal Energy's time-series forecasting models is one of many Eternal 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 Eternal 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 Eternal Energy Public
Checking the ongoing alerts about Eternal Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eternal Energy Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eternal Energy is way too risky over 90 days horizon | |
| Eternal Energy has some characteristics of a very speculative penny stock | |
| Eternal Energy appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.77, 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 Eternal Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Eternal Energy'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 Eternal Energy Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eternal to invest in growth at high rates of return. When we think about Eternal Energy's use of debt, we should always consider it together with cash and equity. | |
| Eternal Energy Public has accumulated about 87.25 M in cash with (24.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 27.0% of the company shares are held by company insiders |
Other Information on Investing in Eternal Stock
Eternal Energy financial ratios help investors to determine whether Eternal 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 Eternal with respect to the benefits of owning Eternal Energy security.