Enel Generacion (Argentina) Probability of Future Stock Price Finishing Under 410.72
| CECO2 Stock | ARS 395.00 2.00 0.50% |
Enel |
Enel Generacion Target Price Odds to finish below 410.72
The tendency of Enel 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 stay under 410.72 after 90 days |
| 395.00 | 90 days | 410.72 | under 95 |
Based on a normal probability distribution, the odds of Enel Generacion to stay under 410.72 after 90 days from now is under 95 (This Enel Generacion Costanera probability density function shows the probability of Enel Stock to fall within a particular range of prices over 90 days) . Probability of Enel Generacion Costanera price to stay between its current price of 395.00 and 410.72 at the end of the 90-day period is about 16.55 .
Assuming the 90 days trading horizon Enel Generacion Costanera has a beta of -0.69 suggesting as returns on the benchmark increase, returns on holding Enel Generacion are expected to decrease at a much lower rate. During a bear market, however, Enel Generacion Costanera is likely to outperform the market. Additionally Enel Generacion Costanera has an alpha of 0.0561, implying that it can generate a 0.0561 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Enel Generacion Price Density |
| Price |
Predictive Modules for Enel Generacion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enel Generacion Costanera. 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 Enel Generacion's 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.
Enel Generacion Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enel Generacion is not an exception. The market had few large corrections towards the Enel Generacion'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 Enel Generacion Costanera, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enel Generacion within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | -0.69 | |
σ | Overall volatility | 18.87 | |
Ir | Information ratio | -0.0059 |
Enel Generacion 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 Enel Generacion for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enel Generacion Costanera can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enel Generacion had very high historical volatility over the last 90 days | |
| The company has 3.72 Billion in debt which may indicate that it relies heavily on debt financing | |
| The company has accumulated 3.72 B in total debt with debt to equity ratio (D/E) of 65.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enel Generacion Costanera has a current ratio of 0.86, 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 Enel Generacion until it has trouble settling it off, either with new capital or with free cash flow. So, Enel Generacion'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 Enel Generacion Costanera sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enel to invest in growth at high rates of return. When we think about Enel Generacion's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 10.52 B. Net Loss for the year was (5.98 B) with profit before overhead, payroll, taxes, and interest of 199.52 M. | |
| About 76.0% of Enel Generacion shares are held by company insiders |
Enel Generacion 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 Enel Stock often depends not only on the future outlook of the current and potential Enel Generacion'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. Enel Generacion's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 702 M |
Enel Generacion Technical Analysis
Enel Generacion's future price can be derived by breaking down and analyzing its technical indicators over time. Enel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enel Generacion Costanera. In general, you should focus on analyzing Enel Stock price patterns and their correlations with different microeconomic environments and drivers.
Enel Generacion Predictive Forecast Models
Enel Generacion's time-series forecasting models is one of many Enel Generacion's 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 Enel Generacion'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 stock market movement and maximize returns from investment trading.
Things to note about Enel Generacion Costanera
Checking the ongoing alerts about Enel Generacion for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enel Generacion Costanera help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enel Generacion had very high historical volatility over the last 90 days | |
| The company has 3.72 Billion in debt which may indicate that it relies heavily on debt financing | |
| The company has accumulated 3.72 B in total debt with debt to equity ratio (D/E) of 65.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enel Generacion Costanera has a current ratio of 0.86, 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 Enel Generacion until it has trouble settling it off, either with new capital or with free cash flow. So, Enel Generacion'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 Enel Generacion Costanera sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enel to invest in growth at high rates of return. When we think about Enel Generacion's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 10.52 B. Net Loss for the year was (5.98 B) with profit before overhead, payroll, taxes, and interest of 199.52 M. | |
| About 76.0% of Enel Generacion shares are held by company insiders |
Check out Enel Generacion Backtesting, Enel Generacion Valuation, Enel Generacion Correlation, Enel Generacion Hype Analysis, Enel Generacion Volatility, Enel Generacion History as well as Enel Generacion Performance. Note that the Enel Generacion Costanera information on this page should be used as a complementary analysis to other Enel Generacion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Enel Stock analysis
When running Enel Generacion's price analysis, check to measure Enel Generacion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enel Generacion is operating at the current time. Most of Enel Generacion's value examination focuses on studying past and present price action to predict the probability of Enel Generacion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enel Generacion's price. Additionally, you may evaluate how the addition of Enel Generacion to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |