Emera Incorporated Stock Probability of Future Pink Sheet Price Finishing Over 20.87
| ERRAF Stock | USD 16.00 0.00 0.00% |
Emera |
Emera Incorporated Target Price Odds to finish over 20.87
The tendency of Emera 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 over $ 20.87 or more in 90 days |
| 16.00 | 90 days | 20.87 | close to zero percent |
Based on a normal probability distribution, the odds of Emera Incorporated to move over $ 20.87 or more in 90 days from now is close to zero percent (This Emera Incorporated probability density function shows the probability of Emera Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Emera Incorporated price to stay between its current price of $ 16.00 and $ 20.87 at the end of the 90-day period is about 46.27 .
Assuming the 90 days horizon Emera Incorporated has a beta of 0.13 suggesting as returns on the market go up, Emera Incorporated average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Emera Incorporated will be expected to be much smaller as well. Additionally Emera Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Emera Incorporated Price Density |
| Price |
Predictive Modules for Emera Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emera Incorporated. 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 Emera Incorporated'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.
Emera Incorporated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Emera Incorporated is not an exception. The market had few large corrections towards the Emera Incorporated'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 Emera Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Emera Incorporated within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.08 |
Emera Incorporated 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 Emera Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Emera Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Emera Incorporated generated a negative expected return over the last 90 days | |
| The company has accumulated 14.2 B in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Emera Incorporated has a current ratio of 0.66, 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 Emera Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, Emera Incorporated'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 Emera Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera Incorporated's use of debt, we should always consider it together with cash and equity. |
Emera Incorporated 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 Emera Pink Sheet often depends not only on the future outlook of the current and potential Emera Incorporated'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. Emera Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 699.3 M | |
| Cash And Short Term Investments | 394 M |
Emera Incorporated Technical Analysis
Emera Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. Emera Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Emera Incorporated. In general, you should focus on analyzing Emera Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Emera Incorporated Predictive Forecast Models
Emera Incorporated's time-series forecasting models is one of many Emera Incorporated'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 Emera Incorporated'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 Emera Incorporated
Checking the ongoing alerts about Emera Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Emera Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Emera Incorporated generated a negative expected return over the last 90 days | |
| The company has accumulated 14.2 B in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Emera Incorporated has a current ratio of 0.66, 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 Emera Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, Emera Incorporated'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 Emera Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera Incorporated's use of debt, we should always consider it together with cash and equity. |
Check out Emera Incorporated Backtesting, Emera Incorporated Valuation, Emera Incorporated Correlation, Emera Incorporated Hype Analysis, Emera Incorporated Volatility, Emera Incorporated History as well as Emera Incorporated Performance. Note that the Emera Incorporated information on this page should be used as a complementary analysis to other Emera Incorporated'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Emera Pink Sheet analysis
When running Emera Incorporated's price analysis, check to measure Emera Incorporated'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 Emera Incorporated is operating at the current time. Most of Emera Incorporated's value examination focuses on studying past and present price action to predict the probability of Emera Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera Incorporated's price. Additionally, you may evaluate how the addition of Emera Incorporated to your portfolios can decrease your overall portfolio volatility.
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