Electric Car Stock Probability of Future Stock Price Finishing Under 1.0E-4
| ELCR Stock | USD 0.0001 0.00 0.00% |
Electric |
Electric Car Target Price Odds to finish below 1.0E-4
The tendency of Electric 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 move below current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 42.61 |
Based on a normal probability distribution, the odds of Electric Car to move below current price in 90 days from now is about 42.61 (This Electric Car probability density function shows the probability of Electric Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Electric Car has a beta of -23.98 suggesting as returns on its benchmark rise, returns on holding Electric Car are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Electric Car is expected to outperform its benchmark. In addition to that Electric Car has an alpha of 13.2454, implying that it can generate a 13.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Electric Car Price Density |
| Price |
Predictive Modules for Electric Car
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electric Car. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electric Car's 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.
Electric Car Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electric Car is not an exception. The market had few large corrections towards the Electric Car'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 Electric Car, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electric Car within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 13.25 | |
β | Beta against Dow Jones | -23.98 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | 0.13 |
Electric Car 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 Electric Car for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electric Car can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electric Car is way too risky over 90 days horizon | |
| Electric Car has some characteristics of a very speculative penny stock | |
| Electric Car appears to be risky and price may revert if volatility continues | |
| Electric Car has high likelihood to experience some financial distress in the next 2 years | |
| Electric Car currently holds 771.46 K in liabilities. Electric Car has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Electric Car's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.14 M. Net Loss for the year was (1.91 M) with loss before overhead, payroll, taxes, and interest of (248.11 K). | |
| Electric Car currently holds about 69.29 K in cash with (1.15 M) of positive cash flow from operations. | |
| Electric Car has a frail financial position based on the latest SEC disclosures |
Electric Car Technical Analysis
Electric Car's future price can be derived by breaking down and analyzing its technical indicators over time. Electric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electric Car. In general, you should focus on analyzing Electric Stock price patterns and their correlations with different microeconomic environments and drivers.
Electric Car Predictive Forecast Models
Electric Car's time-series forecasting models is one of many Electric Car'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 Electric Car'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 Electric Car
Checking the ongoing alerts about Electric Car for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electric Car help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electric Car is way too risky over 90 days horizon | |
| Electric Car has some characteristics of a very speculative penny stock | |
| Electric Car appears to be risky and price may revert if volatility continues | |
| Electric Car has high likelihood to experience some financial distress in the next 2 years | |
| Electric Car currently holds 771.46 K in liabilities. Electric Car has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Electric Car's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.14 M. Net Loss for the year was (1.91 M) with loss before overhead, payroll, taxes, and interest of (248.11 K). | |
| Electric Car currently holds about 69.29 K in cash with (1.15 M) of positive cash flow from operations. | |
| Electric Car has a frail financial position based on the latest SEC disclosures |
Additional Tools for Electric Stock Analysis
When running Electric Car's price analysis, check to measure Electric Car's 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 Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.