Enghouse Systems Limited Stock Probability of Future Pink Sheet Price Finishing Over 21.60

EGHSF Stock  USD 21.60  0.37  1.74%   
Enghouse Systems' future price is the expected price of Enghouse Systems 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 Enghouse Systems Limited performance during a given time horizon utilizing its historical volatility. Check out Enghouse Systems Backtesting, Enghouse Systems Valuation, Enghouse Systems Correlation, Enghouse Systems Hype Analysis, Enghouse Systems Volatility, Enghouse Systems History as well as Enghouse Systems Performance.
  
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Enghouse Systems Target Price Odds to finish over 21.60

The tendency of Enghouse 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 21.60 90 days 21.60 
about 73.15
Based on a normal probability distribution, the odds of Enghouse Systems to move above the current price in 90 days from now is about 73.15 (This Enghouse Systems Limited probability density function shows the probability of Enghouse Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Enghouse Systems Limited has a beta of -0.0673 suggesting as returns on the benchmark increase, returns on holding Enghouse Systems are expected to decrease at a much lower rate. During a bear market, however, Enghouse Systems Limited is likely to outperform the market. Additionally Enghouse Systems Limited 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.
   Enghouse Systems Price Density   
       Price  

Predictive Modules for Enghouse Systems

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enghouse Systems. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enghouse Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.7421.2322.72
Details
Intrinsic
Valuation
LowRealHigh
18.1419.6323.35
Details
Naive
Forecast
LowNextHigh
19.0620.5522.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.7921.1421.49
Details

Enghouse Systems Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Enghouse Systems is not an exception. The market had few large corrections towards the Enghouse Systems' 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 Enghouse Systems Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enghouse Systems within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.03
β
Beta against Dow Jones-0.07
σ
Overall volatility
1.15
Ir
Information ratio -0.1

Enghouse Systems 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 Enghouse Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enghouse Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 22.0% of the company shares are held by company insiders

Enghouse Systems 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 Enghouse Pink Sheet often depends not only on the future outlook of the current and potential Enghouse Systems' 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. Enghouse Systems' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding55.3 M

Enghouse Systems Technical Analysis

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

Enghouse Systems Predictive Forecast Models

Enghouse Systems' time-series forecasting models is one of many Enghouse Systems' 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 Enghouse Systems' 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 Enghouse Systems

Checking the ongoing alerts about Enghouse Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enghouse Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 22.0% of the company shares are held by company insiders

Other Information on Investing in Enghouse Pink Sheet

Enghouse Systems financial ratios help investors to determine whether Enghouse 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 Enghouse with respect to the benefits of owning Enghouse Systems security.