Euroseas Stock Odds of Future Stock Price Finishing Over 41.02
| ESEA Stock | USD 35.30 0.23 0.65% |
Euroseas |
Euroseas Target Price Odds to finish over 41.02
The tendency of Euroseas 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 over $ 41.02 or more in 90 days |
| 35.30 | 90 days | 41.02 | about 46.36 |
Based on a normal probability distribution, the odds of Euroseas to move over $ 41.02 or more in 90 days from now is about 46.36 (This Euroseas probability density function shows the probability of Euroseas Stock to fall within a particular range of prices over 90 days) . Probability of Euroseas price to stay between its current price of $ 35.30 and $ 41.02 at the end of the 90-day period is about 44.95 .
Given the investment horizon of 90 days Euroseas has a beta of 0.5 suggesting as returns on the market go up, Euroseas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Euroseas will be expected to be much smaller as well. Additionally Euroseas 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. Euroseas Price Density |
| Price |
Predictive Modules for Euroseas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Euroseas. 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 Euroseas' 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.
Euroseas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Euroseas is not an exception. The market had few large corrections towards the Euroseas' 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 Euroseas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Euroseas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 3.94 | |
Ir | Information ratio | -0.16 |
Euroseas 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 Euroseas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Euroseas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Euroseas generated a negative expected return over the last 90 days | |
| Euroseas is unlikely to experience financial distress in the next 2 years | |
| Euroseas currently holds 130 M in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Euroseas has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Euroseas' use of debt, we should always consider it together with its cash and equity. | |
| About 60.0% of Euroseas shares are held by company insiders | |
| On 17th of December 2024 Euroseas paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Are Transportation Stocks Lagging Euroseas This Year |
Euroseas 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 Euroseas Stock often depends not only on the future outlook of the current and potential Euroseas' 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. Euroseas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.9 M | |
| Cash And Short Term Investments | 58.6 M |
Euroseas Technical Analysis
Euroseas' future price can be derived by breaking down and analyzing its technical indicators over time. Euroseas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Euroseas. In general, you should focus on analyzing Euroseas Stock price patterns and their correlations with different microeconomic environments and drivers.
Euroseas Predictive Forecast Models
Euroseas' time-series forecasting models is one of many Euroseas' 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 Euroseas' 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 Euroseas
Checking the ongoing alerts about Euroseas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Euroseas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Euroseas generated a negative expected return over the last 90 days | |
| Euroseas is unlikely to experience financial distress in the next 2 years | |
| Euroseas currently holds 130 M in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Euroseas has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Euroseas' use of debt, we should always consider it together with its cash and equity. | |
| About 60.0% of Euroseas shares are held by company insiders | |
| On 17th of December 2024 Euroseas paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Are Transportation Stocks Lagging Euroseas This Year |
Check out Euroseas Backtesting, Euroseas Valuation, Euroseas Correlation, Euroseas Hype Analysis, Euroseas Volatility, Euroseas History as well as Euroseas Performance. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euroseas. If investors know Euroseas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euroseas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.407 | Earnings Share 16.28 | Revenue Per Share 29.676 | Quarterly Revenue Growth 0.231 | Return On Assets 0.152 |
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.