Energy Services Stock Probability of Future Stock Price Finishing Over 29.03

ESOA Stock  USD 14.30  0.20  1.42%   
Energy Services' future price is the expected price of Energy Services 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 Energy Services performance during a given time horizon utilizing its historical volatility. Check out Energy Services Backtesting, Energy Services Valuation, Energy Services Correlation, Energy Services Hype Analysis, Energy Services Volatility, Energy Services History as well as Energy Services Performance.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
  
At present, Energy Services' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 2.82, whereas Price Earnings Ratio is forecasted to decline to 5.96. Please specify Energy Services' target price for which you would like Energy Services odds to be computed.

Energy Services Target Price Odds to finish over 29.03

The tendency of Energy 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 $ 29.03  or more in 90 days
 14.30 90 days 29.03 
near 1
Based on a normal probability distribution, the odds of Energy Services to move over $ 29.03  or more in 90 days from now is near 1 (This Energy Services probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) . Probability of Energy Services price to stay between its current price of $ 14.30  and $ 29.03  at the end of the 90-day period is about 27.45 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.77 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Energy Services will likely underperform. Additionally Energy Services has an alpha of 0.5564, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Energy Services Price Density   
       Price  

Predictive Modules for Energy Services

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Services. 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.
Hype
Prediction
LowEstimatedHigh
8.6613.0017.34
Details
Intrinsic
Valuation
LowRealHigh
7.5911.9316.27
Details
1 Analysts
Consensus
LowTargetHigh
9.1010.0011.10
Details

Energy Services Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Energy Services is not an exception. The market had few large corrections towards the Energy Services' 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 Energy Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energy Services within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.56
β
Beta against Dow Jones1.77
σ
Overall volatility
2.62
Ir
Information ratio 0.13

Energy Services 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 Energy Services for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energy Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Energy Services appears to be risky and price may revert if volatility continues
About 36.0% of the company shares are held by company insiders
Latest headline from benzinga.com: Insider Transaction MARSHALL REYNOLDS Sells 556K Worth Of Energy Servs of America Shares

Energy Services 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 Energy Stock often depends not only on the future outlook of the current and potential Energy Services' 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. Energy Services' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding16.6 M

Energy Services Technical Analysis

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

Energy Services Predictive Forecast Models

Energy Services' time-series forecasting models is one of many Energy Services' 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 Energy Services' 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 Energy Services

Checking the ongoing alerts about Energy Services for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energy Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Energy Services appears to be risky and price may revert if volatility continues
About 36.0% of the company shares are held by company insiders
Latest headline from benzinga.com: Insider Transaction MARSHALL REYNOLDS Sells 556K Worth Of Energy Servs of America Shares
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out Energy Services Backtesting, Energy Services Valuation, Energy Services Correlation, Energy Services Hype Analysis, Energy Services Volatility, Energy Services History as well as Energy Services Performance.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Equipment & Services 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 Energy Services. If investors know Energy 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 Energy Services 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
4.139
Earnings Share
1.51
Revenue Per Share
21.239
Quarterly Revenue Growth
0.005
Return On Assets
0.089
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.