Esgl Holdings Limited Etf Probability of Future Etf Price Finishing Under 1.19
| ESGL Etf | USD 1.15 0.05 4.17% |
ESGL |
ESGL Holdings Target Price Odds to finish below 1.19
The tendency of ESGL Etf 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 stay under $ 1.19 after 90 days |
| 1.15 | 90 days | 1.19 | roughly 2.86 |
Based on a normal probability distribution, the odds of ESGL Holdings to stay under $ 1.19 after 90 days from now is roughly 2.86 (This ESGL Holdings Limited probability density function shows the probability of ESGL Etf to fall within a particular range of prices over 90 days) . Probability of ESGL Holdings Limited price to stay between its current price of $ 1.15 and $ 1.19 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days ESGL Holdings Limited has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding ESGL Holdings are expected to decrease at a much lower rate. During a bear market, however, ESGL Holdings Limited is likely to outperform the market. Additionally ESGL Holdings 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. ESGL Holdings Price Density |
| Price |
Predictive Modules for ESGL Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESGL Holdings Limited. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.ESGL Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ESGL Holdings is not an exception. The market had few large corrections towards the ESGL Holdings' 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 ESGL Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ESGL Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.6 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.14 |
ESGL Holdings 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 ESGL Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ESGL Holdings Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ESGL Holdings generated a negative expected return over the last 90 days | |
| ESGL Holdings may become a speculative penny stock | |
| ESGL Holdings has high historical volatility and very poor performance | |
| ESGL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 6.16 M. Net Loss for the year was (94.98 M) with profit before overhead, payroll, taxes, and interest of 3.76 M. | |
| Latest headline from news.google.com: ESG investing on shaky footing as green fatigue sweeps ETF market - The Australian Financial Review | |
| The fund retains 99.93% of its assets under management (AUM) in equities |
ESGL Holdings 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 ESGL Etf often depends not only on the future outlook of the current and potential ESGL Holdings' 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. ESGL Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.5 M | |
| Cash And Short Term Investments | 366.8 K |
ESGL Holdings Technical Analysis
ESGL Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. ESGL Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ESGL Holdings Limited. In general, you should focus on analyzing ESGL Etf price patterns and their correlations with different microeconomic environments and drivers.
ESGL Holdings Predictive Forecast Models
ESGL Holdings' time-series forecasting models is one of many ESGL Holdings' etf 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 ESGL Holdings' 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 etf market movement and maximize returns from investment trading.
Things to note about ESGL Holdings Limited
Checking the ongoing alerts about ESGL Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ESGL Holdings Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ESGL Holdings generated a negative expected return over the last 90 days | |
| ESGL Holdings may become a speculative penny stock | |
| ESGL Holdings has high historical volatility and very poor performance | |
| ESGL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 6.16 M. Net Loss for the year was (94.98 M) with profit before overhead, payroll, taxes, and interest of 3.76 M. | |
| Latest headline from news.google.com: ESG investing on shaky footing as green fatigue sweeps ETF market - The Australian Financial Review | |
| The fund retains 99.93% of its assets under management (AUM) in equities |
Other Information on Investing in ESGL Etf
ESGL Holdings financial ratios help investors to determine whether ESGL Etf 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 ESGL with respect to the benefits of owning ESGL Holdings security.