United Energy Group Stock Probability of Future Pink Sheet Price Finishing Under 0.088
| UNEGF Stock | USD 0.07 0.01 10.84% |
United |
United Energy Target Price Odds to finish below 0.088
The tendency of United Pink Sheet 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 $ 0.09 after 90 days |
| 0.07 | 90 days | 0.09 | about 62.66 |
Based on a normal probability distribution, the odds of United Energy to stay under $ 0.09 after 90 days from now is about 62.66 (This United Energy Group probability density function shows the probability of United Pink Sheet to fall within a particular range of prices over 90 days) . Probability of United Energy Group price to stay between its current price of $ 0.07 and $ 0.09 at the end of the 90-day period is about 40.39 .
Assuming the 90 days horizon United Energy has a beta of 1.0. This usually implies United Energy Group market returns are reactive to returns on the market. As the market goes up or down, United Energy is expected to follow. Additionally United Energy Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. United Energy Price Density |
| Price |
Predictive Modules for United Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as United Energy Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 United Energy'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.
United Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. United Energy is not an exception. The market had few large corrections towards the United Energy'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 United Energy Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of United Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.34 | |
β | Beta against NYSE Composite | 1.00 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.06 |
United Energy 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 United Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for United Energy Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| United Energy Group generated a negative expected return over the last 90 days | |
| United Energy Group has high historical volatility and very poor performance | |
| United Energy Group has some characteristics of a very speculative penny stock | |
| About 71.0% of the company outstanding shares are owned by insiders |
United Energy 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 United Pink Sheet often depends not only on the future outlook of the current and potential United Energy'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. United Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.3 B |
United Energy Technical Analysis
United Energy's future price can be derived by breaking down and analyzing its technical indicators over time. United Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of United Energy Group. In general, you should focus on analyzing United Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
United Energy Predictive Forecast Models
United Energy's time-series forecasting models is one of many United Energy's pink sheet 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 United Energy'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 pink sheet market movement and maximize returns from investment trading.
Things to note about United Energy Group
Checking the ongoing alerts about United Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for United Energy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| United Energy Group generated a negative expected return over the last 90 days | |
| United Energy Group has high historical volatility and very poor performance | |
| United Energy Group has some characteristics of a very speculative penny stock | |
| About 71.0% of the company outstanding shares are owned by insiders |
Check out United Energy Backtesting, United Energy Valuation, United Energy Correlation, United Energy Hype Analysis, United Energy Volatility, United Energy History as well as United Energy Performance. Note that the United Energy Group information on this page should be used as a complementary analysis to other United Energy'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 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 United Pink Sheet analysis
When running United Energy's price analysis, check to measure United Energy'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 United Energy is operating at the current time. Most of United Energy's value examination focuses on studying past and present price action to predict the probability of United Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Energy's price. Additionally, you may evaluate how the addition of United Energy to your portfolios can decrease your overall portfolio volatility.
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