Eni Spa Adr Stock Odds of Future Stock Price Finishing Over 29.47

E Stock  USD 31.47  0.16  0.51%   
Eni SPA's implied volatility is one of the determining factors in the pricing options written on Eni SpA ADR. Implied volatility approximates the future value of Eni SPA based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Eni SpA ADR over a specific time period. For example, 2024-04-19 CALL at $30.0 is a CALL option contract on Eni SPA's common stock with a strick price of 30.0 expiring on 2024-04-19. The contract was last traded on 2024-03-22 at 09:30:22 for $1.5 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.45, and an ask price of $2.25. The implied volatility as of the 28th of March is 34.69. View All Eni options

Closest to current price Eni long CALL Option Payoff at Expiration

Eni SPA's future price is the expected price of Eni SPA 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 Eni SpA ADR performance during a given time horizon utilizing its historical volatility. Check out Eni SPA Backtesting, Eni SPA Valuation, Eni SPA Correlation, Eni SPA Hype Analysis, Eni SPA Volatility, Eni SPA History as well as Eni SPA Performance.
  
As of March 28, 2024, Price Earnings Ratio is expected to decline to 16.52. In addition to that, Price To Sales Ratio is expected to decline to 0.98. Please specify Eni SPA's target price for which you would like Eni SPA odds to be computed.

Eni SPA Target Price Odds to finish over 29.47

The tendency of Eni 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 stay above $ 29.47  in 90 days
 31.47 90 days 29.47 
about 97.0
Based on a normal probability distribution, the odds of Eni SPA to stay above $ 29.47  in 90 days from now is about 97.0 (This Eni SpA ADR probability density function shows the probability of Eni Stock to fall within a particular range of prices over 90 days) . Probability of Eni SpA ADR price to stay between $ 29.47  and its current price of $31.47 at the end of the 90-day period is about 48.62 .
Taking into account the 90-day investment horizon Eni SPA has a beta of 0.78 suggesting as returns on the market go up, Eni SPA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eni SpA ADR will be expected to be much smaller as well. Additionally Eni SpA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Eni SPA Price Density   
       Price  

Predictive Modules for Eni SPA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eni SpA ADR. 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 Eni SPA'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
30.2131.4232.63
Details
Intrinsic
Valuation
LowRealHigh
28.3234.5535.76
Details
Naive
Forecast
LowNextHigh
29.6130.8232.02
Details
4 Analysts
Consensus
LowTargetHigh
34.1337.5041.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eni SPA. Your research has to be compared to or analyzed against Eni SPA's peers to derive any actionable benefits. When done correctly, Eni SPA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eni SpA ADR.

Eni SPA Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Eni SPA is not an exception. The market had few large corrections towards the Eni SPA'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 Eni SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eni SPA within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.17
β
Beta against NYSE Composite0.78
σ
Overall volatility
1.01
Ir
Information ratio -0.17

Eni SPA 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 Eni SPA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eni SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Eni SpA ADR generated a negative expected return over the last 90 days
Latest headline from seekingalpha.com: ENI goes ex dividend today

Eni SPA 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 Eni Stock often depends not only on the future outlook of the current and potential Eni SPA'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. Eni SPA's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.3 B
Cash And Short Term Investments17 B

Eni SPA Technical Analysis

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

Eni SPA Predictive Forecast Models

Eni SPA's time-series forecasting models is one of many Eni SPA'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 Eni SPA'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 Eni SpA ADR

Checking the ongoing alerts about Eni SPA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eni SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Eni SpA ADR generated a negative expected return over the last 90 days
Latest headline from seekingalpha.com: ENI goes ex dividend today
When determining whether Eni SpA ADR is a strong investment it is important to analyze Eni SPA'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 Eni SPA's future performance. For an informed investment choice regarding Eni Stock, refer to the following important reports:
Check out Eni SPA Backtesting, Eni SPA Valuation, Eni SPA Correlation, Eni SPA Hype Analysis, Eni SPA Volatility, Eni SPA History as well as Eni SPA Performance.
Note that the Eni SpA ADR information on this page should be used as a complementary analysis to other Eni SPA'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Eni Stock analysis

When running Eni SPA's price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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Is Eni SPA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eni SPA. If investors know Eni will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eni SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.94
Earnings Share
3.04
Revenue Per Share
57.43
Quarterly Revenue Growth
(0.21)
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA'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.