Emera Pref A Preferred Stock Probability of Future Preferred Stock Price Finishing Under 13.91
| EMA-PA Preferred Stock | CAD 16.25 0.10 0.62% |
Emera |
Emera Pref Target Price Odds to finish below 13.91
The tendency of Emera 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 Price | Horizon | Target Price | Odds to drop to C$ 13.91 or more in 90 days |
| 16.25 | 90 days | 13.91 | near 1 |
Based on a normal probability distribution, the odds of Emera Pref to drop to C$ 13.91 or more in 90 days from now is near 1 (This Emera Pref A probability density function shows the probability of Emera Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Emera Pref A price to stay between C$ 13.91 and its current price of C$16.25 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Emera Pref A has a beta of -0.0501 suggesting as returns on the benchmark increase, returns on holding Emera Pref are expected to decrease at a much lower rate. During a bear market, however, Emera Pref A is likely to outperform the market. Additionally Emera Pref A has an alpha of 0.1097, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Emera Pref Price Density |
| Price |
Predictive Modules for Emera Pref
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emera Pref A. 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.Emera Pref Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Emera Pref is not an exception. The market had few large corrections towards the Emera Pref'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 Emera Pref A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Emera Pref within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.13 |
Emera Pref 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 Emera Pref for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Emera Pref A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Emera Pref A has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Emera Pref A has accumulated 14.2 B in total debt with debt to equity ratio (D/E) of 187.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Emera Pref A has a current ratio of 0.68, 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 Emera Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Emera Pref'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 Emera Pref A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera Pref's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Wilmington Savings Fund Society FSB Buys New Shares in Lincoln National Co. - MarketBeat |
Emera Pref 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 Emera Preferred Stock often depends not only on the future outlook of the current and potential Emera Pref'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. Emera Pref's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 261.1 M |
Emera Pref Technical Analysis
Emera Pref's future price can be derived by breaking down and analyzing its technical indicators over time. Emera Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Emera Pref A. In general, you should focus on analyzing Emera Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Emera Pref Predictive Forecast Models
Emera Pref's time-series forecasting models is one of many Emera Pref's 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 Emera Pref'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Emera Pref A
Checking the ongoing alerts about Emera Pref for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Emera Pref A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Emera Pref A has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Emera Pref A has accumulated 14.2 B in total debt with debt to equity ratio (D/E) of 187.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Emera Pref A has a current ratio of 0.68, 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 Emera Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Emera Pref'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 Emera Pref A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera Pref's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Wilmington Savings Fund Society FSB Buys New Shares in Lincoln National Co. - MarketBeat |
Other Information on Investing in Emera Preferred Stock
Emera Pref financial ratios help investors to determine whether Emera Preferred 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 Emera with respect to the benefits of owning Emera Pref security.