Electromagnetic Geoservices (Norway) Probability of Future Stock Price Finishing Under 3.05
| EMGS Stock | NOK 2.26 0.02 0.88% |
Electromagnetic |
Electromagnetic Geoservices Target Price Odds to finish below 3.05
The tendency of Electromagnetic 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 3.05 after 90 days |
| 2.26 | 90 days | 3.05 | close to 99 |
Based on a normal probability distribution, the odds of Electromagnetic Geoservices to stay under 3.05 after 90 days from now is close to 99 (This Electromagnetic Geoservices ASA probability density function shows the probability of Electromagnetic Stock to fall within a particular range of prices over 90 days) . Probability of Electromagnetic Geoservices price to stay between its current price of 2.26 and 3.05 at the end of the 90-day period is about 80.69 .
Assuming the 90 days trading horizon Electromagnetic Geoservices has a beta of 0.33 suggesting as returns on the market go up, Electromagnetic Geoservices average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Electromagnetic Geoservices ASA will be expected to be much smaller as well. Additionally Electromagnetic Geoservices ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Electromagnetic Geoservices Price Density |
| Price |
Predictive Modules for Electromagnetic Geoservices
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electromagnetic Geoservices. 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 Electromagnetic Geoservices' 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.
Electromagnetic Geoservices Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electromagnetic Geoservices is not an exception. The market had few large corrections towards the Electromagnetic Geoservices' 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 Electromagnetic Geoservices ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electromagnetic Geoservices within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.25 | |
β | Beta against NYSE Composite | 0.33 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.11 |
Electromagnetic Geoservices 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 Electromagnetic Geoservices for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electromagnetic Geoservices can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electromagnetic Geoservices generated a negative expected return over the last 90 days | |
| Electromagnetic Geoservices has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 24.68 M in total debt with debt to equity ratio (D/E) of 941.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Electromagnetic Geoservices has a current ratio of 0.75, 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 Electromagnetic Geoservices until it has trouble settling it off, either with new capital or with free cash flow. So, Electromagnetic Geoservices' 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 Electromagnetic Geoservices sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electromagnetic to invest in growth at high rates of return. When we think about Electromagnetic Geoservices' use of debt, we should always consider it together with cash and equity. | |
| About 59.0% of Electromagnetic Geoservices shares are held by company insiders |
Electromagnetic Geoservices 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 Electromagnetic Stock often depends not only on the future outlook of the current and potential Electromagnetic Geoservices' 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. Electromagnetic Geoservices' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 131 M | |
| Cash And Short Term Investments | 9.9 M |
Electromagnetic Geoservices Technical Analysis
Electromagnetic Geoservices' future price can be derived by breaking down and analyzing its technical indicators over time. Electromagnetic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electromagnetic Geoservices ASA. In general, you should focus on analyzing Electromagnetic Stock price patterns and their correlations with different microeconomic environments and drivers.
Electromagnetic Geoservices Predictive Forecast Models
Electromagnetic Geoservices' time-series forecasting models is one of many Electromagnetic Geoservices' 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 Electromagnetic Geoservices' 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 Electromagnetic Geoservices
Checking the ongoing alerts about Electromagnetic Geoservices for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electromagnetic Geoservices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electromagnetic Geoservices generated a negative expected return over the last 90 days | |
| Electromagnetic Geoservices has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 24.68 M in total debt with debt to equity ratio (D/E) of 941.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Electromagnetic Geoservices has a current ratio of 0.75, 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 Electromagnetic Geoservices until it has trouble settling it off, either with new capital or with free cash flow. So, Electromagnetic Geoservices' 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 Electromagnetic Geoservices sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electromagnetic to invest in growth at high rates of return. When we think about Electromagnetic Geoservices' use of debt, we should always consider it together with cash and equity. | |
| About 59.0% of Electromagnetic Geoservices shares are held by company insiders |
Check out Electromagnetic Geoservices Backtesting, Electromagnetic Geoservices Valuation, Electromagnetic Geoservices Correlation, Electromagnetic Geoservices Hype Analysis, Electromagnetic Geoservices Volatility, Electromagnetic Geoservices History as well as Electromagnetic Geoservices Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Electromagnetic Stock analysis
When running Electromagnetic Geoservices' price analysis, check to measure Electromagnetic Geoservices' 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 Electromagnetic Geoservices is operating at the current time. Most of Electromagnetic Geoservices' value examination focuses on studying past and present price action to predict the probability of Electromagnetic Geoservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromagnetic Geoservices' price. Additionally, you may evaluate how the addition of Electromagnetic Geoservices to your portfolios can decrease your overall portfolio volatility.
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