Energem Corp Probability of Future Stock Price Finishing Over 10.04
| ENCPDelisted Stock | USD 12.24 0.32 2.68% |
Energem |
Energem Corp Target Price Odds to finish over 10.04
The tendency of Energem 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 above $ 10.04 in 90 days |
| 12.24 | 90 days | 10.04 | about 72.66 |
Based on a normal probability distribution, the odds of Energem Corp to stay above $ 10.04 in 90 days from now is about 72.66 (This Energem Corp probability density function shows the probability of Energem Stock to fall within a particular range of prices over 90 days) . Probability of Energem Corp price to stay between $ 10.04 and its current price of $12.24 at the end of the 90-day period is about 50.41 .
Given the investment horizon of 90 days Energem Corp has a beta of -4.33 suggesting as returns on its benchmark rise, returns on holding Energem Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Energem Corp is expected to outperform its benchmark. Moreover Energem Corp has an alpha of 1.1366, implying that it can generate a 1.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Energem Corp Price Density |
| Price |
Predictive Modules for Energem Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energem Corp. 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 Energem Corp'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.
Energem Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energem Corp is not an exception. The market had few large corrections towards the Energem Corp'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 Energem Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energem Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.14 | |
β | Beta against NYSE Composite | -4.33 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | 0.08 |
Energem Corp 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 Energem Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energem Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energem Corp is now traded under the symbol GTI. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Energem Corp is not yet fully synchronised with the market data | |
| Energem Corp is way too risky over 90 days horizon | |
| Energem Corp appears to be risky and price may revert if volatility continues | |
| Energem Corp has a very high chance of going through financial distress in the upcoming years | |
| Energem is showing solid risk-adjusted performance over 90 days | |
| Energem Corp currently holds about 262.87 K in cash with (299.05 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies |
Energem Corp 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 Energem Stock often depends not only on the future outlook of the current and potential Energem Corp'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. Energem Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 M | |
| Cash And Short Term Investments | 47.8 K |
Energem Corp Technical Analysis
Energem Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Energem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energem Corp. In general, you should focus on analyzing Energem Stock price patterns and their correlations with different microeconomic environments and drivers.
Energem Corp Predictive Forecast Models
Energem Corp's time-series forecasting models is one of many Energem Corp'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 Energem Corp'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 Energem Corp
Checking the ongoing alerts about Energem Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energem Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energem Corp is now traded under the symbol GTI. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Energem Corp is not yet fully synchronised with the market data | |
| Energem Corp is way too risky over 90 days horizon | |
| Energem Corp appears to be risky and price may revert if volatility continues | |
| Energem Corp has a very high chance of going through financial distress in the upcoming years | |
| Energem is showing solid risk-adjusted performance over 90 days | |
| Energem Corp currently holds about 262.87 K in cash with (299.05 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Energem Corp information on this page should be used as a complementary analysis to other Energem Corp'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 CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Energem Stock
If you are still planning to invest in Energem Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energem Corp's history and understand the potential risks before investing.
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