Elektro Redes (Brazil) Probability of Future Preferred Stock Price Finishing Over 50.61

EKTR4 Preferred Stock  BRL 49.00  2.00  3.92%   
Elektro Redes' future price is the expected price of Elektro Redes 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 Elektro Redes SA performance during a given time horizon utilizing its historical volatility. Check out Elektro Redes Backtesting, Elektro Redes Valuation, Elektro Redes Correlation, Elektro Redes Hype Analysis, Elektro Redes Volatility, Elektro Redes History as well as Elektro Redes Performance.
  
Please specify Elektro Redes' target price for which you would like Elektro Redes odds to be computed.

Elektro Redes Target Price Odds to finish over 50.61

The tendency of Elektro Preferred 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 move over R$ 50.61  or more in 90 days
 49.00 90 days 50.61 
near 1
Based on a normal probability distribution, the odds of Elektro Redes to move over R$ 50.61  or more in 90 days from now is near 1 (This Elektro Redes SA probability density function shows the probability of Elektro Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Elektro Redes SA price to stay between its current price of R$ 49.00  and R$ 50.61  at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Elektro Redes SA has a beta of -0.73 suggesting as returns on the benchmark increase, returns on holding Elektro Redes are expected to decrease at a much lower rate. During a bear market, however, Elektro Redes SA is likely to outperform the market. Additionally Elektro Redes SA has an alpha of 0.3254, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Elektro Redes Price Density   
       Price  

Predictive Modules for Elektro Redes

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elektro Redes SA. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
45.0149.0052.99
Details
Intrinsic
Valuation
LowRealHigh
35.9139.9053.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Elektro Redes. Your research has to be compared to or analyzed against Elektro Redes' peers to derive any actionable benefits. When done correctly, Elektro Redes' 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 Elektro Redes SA.

Elektro Redes Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Elektro Redes is not an exception. The market had few large corrections towards the Elektro Redes' 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 Elektro Redes SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elektro Redes within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.33
β
Beta against Dow Jones-0.73
σ
Overall volatility
1.72
Ir
Information ratio 0.07

Elektro Redes 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 Elektro Redes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elektro Redes SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Elektro Redes SA had very high historical volatility over the last 90 days
Elektro Redes SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Elektro Redes SA has accumulated about 602 M in cash with (8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43.
Roughly 99.0% of the company shares are held by company insiders

Elektro Redes 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 Elektro Preferred Stock often depends not only on the future outlook of the current and potential Elektro Redes' 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. Elektro Redes' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding193.8 M
Cash And Short Term Investments952 M

Elektro Redes Technical Analysis

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

Elektro Redes Predictive Forecast Models

Elektro Redes' time-series forecasting models is one of many Elektro Redes' preferred 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 Elektro Redes' 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 preferred stock market movement and maximize returns from investment trading.

Things to note about Elektro Redes SA

Checking the ongoing alerts about Elektro Redes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elektro Redes SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Elektro Redes SA had very high historical volatility over the last 90 days
Elektro Redes SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Elektro Redes SA has accumulated about 602 M in cash with (8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43.
Roughly 99.0% of the company shares are held by company insiders

Additional Tools for Elektro Preferred Stock Analysis

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