Ensign (Germany) Chance of Future Stock Price Finishing Over 111.00

EGB Stock  EUR 111.00  1.00  0.89%   
Ensign's future price is the expected price of Ensign 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 The Ensign Group performance during a given time horizon utilizing its historical volatility. Check out Ensign Backtesting, Ensign Valuation, Ensign Correlation, Ensign Hype Analysis, Ensign Volatility, Ensign History as well as Ensign Performance.
  
Please specify Ensign's target price for which you would like Ensign odds to be computed.

Ensign Target Price Odds to finish over 111.00

The tendency of Ensign 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 above the current price in 90 days
 111.00 90 days 111.00 
about 33.49
Based on a normal probability distribution, the odds of Ensign to move above the current price in 90 days from now is about 33.49 (This The Ensign Group probability density function shows the probability of Ensign Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Ensign has a beta of 0.44 suggesting as returns on the market go up, Ensign average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Ensign Group will be expected to be much smaller as well. Additionally The Ensign Group 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.
   Ensign Price Density   
       Price  

Predictive Modules for Ensign

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ensign Group. 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 Ensign'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.
Hype
Prediction
LowEstimatedHigh
109.74111.00112.26
Details
Intrinsic
Valuation
LowRealHigh
97.5398.79122.10
Details
Naive
Forecast
LowNextHigh
109.58110.84112.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
107.14110.08113.02
Details

Ensign Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Ensign is not an exception. The market had few large corrections towards the Ensign'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 The Ensign Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ensign within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.01
β
Beta against Dow Jones0.44
σ
Overall volatility
1.97
Ir
Information ratio -0.0073

Ensign 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 Ensign for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ensign 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.
Ensign Group generated a negative expected return over the last 90 days
Ensign Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 94.0% of the company shares are held by institutions such as insurance companies

Ensign 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 Ensign Stock often depends not only on the future outlook of the current and potential Ensign'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. Ensign's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding55.7 M

Ensign Technical Analysis

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

Ensign Predictive Forecast Models

Ensign's time-series forecasting models is one of many Ensign'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 Ensign'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 Ensign Group

Checking the ongoing alerts about Ensign for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ensign Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ensign Group generated a negative expected return over the last 90 days
Ensign Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 94.0% of the company shares are held by institutions such as insurance companies

Additional Information and Resources on Investing in Ensign Stock

When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out Ensign Backtesting, Ensign Valuation, Ensign Correlation, Ensign Hype Analysis, Ensign Volatility, Ensign History as well as Ensign Performance.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Please note, there is a significant difference between Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign's 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.