Erin Ventures Stock Probability of Future Pink Sheet Price Finishing Under 0.0643
| ERVFF Stock | USD 0.06 0 5.67% |
Erin |
Erin Ventures Target Price Odds to finish below 0.0643
The tendency of Erin 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 $ 0.06 after 90 days |
| 0.06 | 90 days | 0.06 | about 77.72 |
Based on a normal probability distribution, the odds of Erin Ventures to stay under $ 0.06 after 90 days from now is about 77.72 (This Erin Ventures probability density function shows the probability of Erin Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Erin Ventures price to stay between its current price of $ 0.06 and $ 0.06 at the end of the 90-day period is about 41.38 .
Assuming the 90 days horizon Erin Ventures has a beta of 0.55 suggesting as returns on the market go up, Erin Ventures average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Erin Ventures will be expected to be much smaller as well. Additionally Erin Ventures has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Erin Ventures Price Density |
| Price |
Predictive Modules for Erin Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erin Ventures. 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 Erin Ventures' 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.
Erin Ventures Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erin Ventures is not an exception. The market had few large corrections towards the Erin Ventures' 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 Erin Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erin Ventures within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.77 | |
β | Beta against NYSE Composite | 0.55 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.16 |
Erin Ventures 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 Erin Ventures for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erin Ventures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erin Ventures generated a negative expected return over the last 90 days | |
| Erin Ventures has some characteristics of a very speculative penny stock | |
| Erin Ventures has high historical volatility and very poor performance | |
| Erin Ventures has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 40 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Erin Ventures has a current ratio of 0.33, 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 Erin Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Erin Ventures' 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 Erin Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erin to invest in growth at high rates of return. When we think about Erin Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erin Ventures has accumulated about 188.45 K in cash with (702.18 K) of positive cash flow from operations. |
Erin Ventures 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 Erin Pink Sheet often depends not only on the future outlook of the current and potential Erin Ventures' 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. Erin Ventures' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.9 M |
Erin Ventures Technical Analysis
Erin Ventures' future price can be derived by breaking down and analyzing its technical indicators over time. Erin Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erin Ventures. In general, you should focus on analyzing Erin Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Erin Ventures Predictive Forecast Models
Erin Ventures' time-series forecasting models is one of many Erin Ventures' 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 Erin Ventures' 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 Erin Ventures
Checking the ongoing alerts about Erin Ventures for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erin Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erin Ventures generated a negative expected return over the last 90 days | |
| Erin Ventures has some characteristics of a very speculative penny stock | |
| Erin Ventures has high historical volatility and very poor performance | |
| Erin Ventures has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 40 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Erin Ventures has a current ratio of 0.33, 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 Erin Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Erin Ventures' 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 Erin Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erin to invest in growth at high rates of return. When we think about Erin Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erin Ventures has accumulated about 188.45 K in cash with (702.18 K) of positive cash flow from operations. |
Check out Erin Ventures Backtesting, Erin Ventures Valuation, Erin Ventures Correlation, Erin Ventures Hype Analysis, Erin Ventures Volatility, Erin Ventures History as well as Erin Ventures Performance. Note that the Erin Ventures information on this page should be used as a complementary analysis to other Erin Ventures' 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Erin Pink Sheet analysis
When running Erin Ventures' price analysis, check to measure Erin Ventures' 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 Erin Ventures is operating at the current time. Most of Erin Ventures' value examination focuses on studying past and present price action to predict the probability of Erin Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erin Ventures' price. Additionally, you may evaluate how the addition of Erin Ventures to your portfolios can decrease your overall portfolio volatility.
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