Empire Global Gaming Stock Probability of Future Pink Sheet Price Finishing Under 3.0E-4
| EPGG Stock | USD 0.0003 0.00 0.00% |
Empire |
Empire Global Target Price Odds to finish below 3.0E-4
The tendency of Empire 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 move below current price in 90 days |
| 0.0003 | 90 days | 0.0003 | about 25.94 |
Based on a normal probability distribution, the odds of Empire Global to move below current price in 90 days from now is about 25.94 (This Empire Global Gaming probability density function shows the probability of Empire Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Empire Global Gaming has a beta of -0.8 suggesting as returns on the benchmark increase, returns on holding Empire Global are expected to decrease at a much lower rate. During a bear market, however, Empire Global Gaming is likely to outperform the market. Additionally Empire Global Gaming has an alpha of 0.3327, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Empire Global Price Density |
| Price |
Predictive Modules for Empire Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Empire Global Gaming. 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 Empire Global'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.
Empire Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Empire Global is not an exception. The market had few large corrections towards the Empire Global'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 Empire Global Gaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Empire Global within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.33 | |
β | Beta against NYSE Composite | -0.8 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
Empire Global 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 Empire Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Empire Global Gaming can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Empire Global Gaming had very high historical volatility over the last 90 days | |
| Empire Global Gaming has some characteristics of a very speculative penny stock | |
| Empire Global Gaming currently holds 333.07 K in liabilities with Debt to Equity (D/E) ratio of 1.56, which is about average as compared to similar companies. Empire Global Gaming has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Empire Global until it has trouble settling it off, either with new capital or with free cash flow. So, Empire Global'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 Empire Global Gaming sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Empire to invest in growth at high rates of return. When we think about Empire Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 32. Net Loss for the year was (164.43 K) with profit before overhead, payroll, taxes, and interest of 32. | |
| Empire Global Gaming currently holds about 14.95 K in cash with (41.97 K) of positive cash flow from operations. | |
| Roughly 81.0% of Empire Global shares are held by company insiders |
Empire Global 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 Empire Pink Sheet often depends not only on the future outlook of the current and potential Empire Global'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. Empire Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 257.3 M | |
| Cash And Short Term Investments | 1.21 |
Empire Global Technical Analysis
Empire Global's future price can be derived by breaking down and analyzing its technical indicators over time. Empire Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Empire Global Gaming. In general, you should focus on analyzing Empire Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Empire Global Predictive Forecast Models
Empire Global's time-series forecasting models is one of many Empire Global'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 Empire Global'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 Empire Global Gaming
Checking the ongoing alerts about Empire Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Empire Global Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Empire Global Gaming had very high historical volatility over the last 90 days | |
| Empire Global Gaming has some characteristics of a very speculative penny stock | |
| Empire Global Gaming currently holds 333.07 K in liabilities with Debt to Equity (D/E) ratio of 1.56, which is about average as compared to similar companies. Empire Global Gaming has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Empire Global until it has trouble settling it off, either with new capital or with free cash flow. So, Empire Global'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 Empire Global Gaming sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Empire to invest in growth at high rates of return. When we think about Empire Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 32. Net Loss for the year was (164.43 K) with profit before overhead, payroll, taxes, and interest of 32. | |
| Empire Global Gaming currently holds about 14.95 K in cash with (41.97 K) of positive cash flow from operations. | |
| Roughly 81.0% of Empire Global shares are held by company insiders |
Other Information on Investing in Empire Pink Sheet
Empire Global financial ratios help investors to determine whether Empire Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Empire with respect to the benefits of owning Empire Global security.