Ecora Resources (Germany) Probability of Future Stock Price Finishing Under 0.73
| HGR Stock | EUR 0.74 0.02 2.63% |
Ecora |
Ecora Resources Target Price Odds to finish below 0.73
The tendency of Ecora 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 € 0.73 or more in 90 days |
| 0.74 | 90 days | 0.73 | about 15.79 |
Based on a normal probability distribution, the odds of Ecora Resources to drop to € 0.73 or more in 90 days from now is about 15.79 (This Ecora Resources PLC probability density function shows the probability of Ecora Stock to fall within a particular range of prices over 90 days) . Probability of Ecora Resources PLC price to stay between € 0.73 and its current price of €0.74 at the end of the 90-day period is about 6.79 .
Assuming the 90 days horizon Ecora Resources PLC has a beta of -0.56. This usually indicates as returns on the benchmark increase, returns on holding Ecora Resources are expected to decrease at a much lower rate. During a bear market, however, Ecora Resources PLC is likely to outperform the market. Additionally Ecora Resources PLC 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. Ecora Resources Price Density |
| Price |
Predictive Modules for Ecora Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ecora Resources PLC. 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.Ecora Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ecora Resources is not an exception. The market had few large corrections towards the Ecora Resources' 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 Ecora Resources PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ecora Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.56 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.09 |
Ecora Resources 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 Ecora Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ecora Resources PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ecora Resources PLC generated a negative expected return over the last 90 days | |
| Ecora Resources PLC has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 34.01 M. Net Loss for the year was (18.6 M) with profit before overhead, payroll, taxes, and interest of 27.61 M. |
Ecora Resources 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 Ecora Stock often depends not only on the future outlook of the current and potential Ecora Resources' 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. Ecora Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.09 | |
| Float Shares | 198.65M | |
| Average Daily Volume Last 10 Day | 500 | |
| Average Daily Volume In Three Month | 932 | |
| Trailing Annual Dividend Yield | 6.37% |
Ecora Resources Technical Analysis
Ecora Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Ecora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ecora Resources PLC. In general, you should focus on analyzing Ecora Stock price patterns and their correlations with different microeconomic environments and drivers.
Ecora Resources Predictive Forecast Models
Ecora Resources' time-series forecasting models is one of many Ecora Resources' 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 Ecora Resources' 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 Ecora Resources PLC
Checking the ongoing alerts about Ecora Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ecora Resources PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ecora Resources PLC generated a negative expected return over the last 90 days | |
| Ecora Resources PLC has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 34.01 M. Net Loss for the year was (18.6 M) with profit before overhead, payroll, taxes, and interest of 27.61 M. |
Other Information on Investing in Ecora Stock
Ecora Resources financial ratios help investors to determine whether Ecora 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 Ecora with respect to the benefits of owning Ecora Resources security.