Erf Wireless Stock Probability of Future Stock Price Finishing Over 0.0
Erf Wireless' future price is the expected price of Erf Wireless 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 Erf Wireless performance during a given time horizon utilizing its historical volatility. Check out Erf Wireless Backtesting, Erf Wireless Valuation, Erf Wireless Correlation, Erf Wireless Hype Analysis, Erf Wireless Volatility, Erf Wireless History as well as Erf Wireless Performance. For information on how to trade Erf Stock refer to our How to Trade Erf Stock guide.
The current year's Price Earnings Ratio is expected to grow to 205.65, whereas Price To Sales Ratio is forecasted to decline to 4.83. Please specify Erf Wireless' target price for which you would like Erf Wireless odds to be computed.
Erf |
Erf Wireless Target Price Odds to finish over 0.0
The tendency of Erf 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 move above the current price in 90 days |
| 0.00 | 90 days | 0.00 | about 59.87 |
Based on a normal probability distribution, the odds of Erf Wireless to move above the current price in 90 days from now is about 59.87 (This Erf Wireless probability density function shows the probability of Erf Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Erf Wireless has the beta coefficient that is very close to zero suggesting the returns on NYSE COMPOSITE and Erf Wireless do not appear to be sensitive. Additionally It does not look like Erf Wireless' alpha can have any bearing on the current valuation. Erf Wireless Price Density |
| Price |
Predictive Modules for Erf Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erf Wireless. 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 Erf Wireless' 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.
Erf Wireless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erf Wireless is not an exception. The market had few large corrections towards the Erf Wireless' 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 Erf Wireless, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erf Wireless within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.000024 | |
Ir | Information ratio | 0.00 |
Erf Wireless 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 Erf Wireless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erf Wireless can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erf Wireless generated a negative expected return over the last 90 days | |
| Erf Wireless has high historical volatility and very poor performance | |
| Erf Wireless has some characteristics of a very speculative penny stock | |
| Erf Wireless has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 651 K in liabilities. Erf Wireless has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Erf Wireless until it has trouble settling it off, either with new capital or with free cash flow. So, Erf Wireless' 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 Erf Wireless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erf to invest in growth at high rates of return. When we think about Erf Wireless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 7.16 M. Net Loss for the year was (7.26 M) with profit before overhead, payroll, taxes, and interest of 4.73 M. | |
| Erf Wireless currently holds about 179 K in cash with (2.55 M) of positive cash flow from operations. | |
| Erf Wireless has a frail financial position based on the latest SEC disclosures |
Erf Wireless Technical Analysis
Erf Wireless' future price can be derived by breaking down and analyzing its technical indicators over time. Erf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erf Wireless. In general, you should focus on analyzing Erf Stock price patterns and their correlations with different microeconomic environments and drivers.
Erf Wireless Predictive Forecast Models
Erf Wireless' time-series forecasting models is one of many Erf Wireless' 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 Erf Wireless' 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 Erf Wireless
Checking the ongoing alerts about Erf Wireless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erf Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erf Wireless generated a negative expected return over the last 90 days | |
| Erf Wireless has high historical volatility and very poor performance | |
| Erf Wireless has some characteristics of a very speculative penny stock | |
| Erf Wireless has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 651 K in liabilities. Erf Wireless has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Erf Wireless until it has trouble settling it off, either with new capital or with free cash flow. So, Erf Wireless' 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 Erf Wireless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erf to invest in growth at high rates of return. When we think about Erf Wireless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 7.16 M. Net Loss for the year was (7.26 M) with profit before overhead, payroll, taxes, and interest of 4.73 M. | |
| Erf Wireless currently holds about 179 K in cash with (2.55 M) of positive cash flow from operations. | |
| Erf Wireless has a frail financial position based on the latest SEC disclosures |
Check out Erf Wireless Backtesting, Erf Wireless Valuation, Erf Wireless Correlation, Erf Wireless Hype Analysis, Erf Wireless Volatility, Erf Wireless History as well as Erf Wireless Performance. For information on how to trade Erf Stock refer to our How to Trade Erf Stock guide.Note that the Erf Wireless information on this page should be used as a complementary analysis to other Erf Wireless' 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Erf Stock analysis
When running Erf Wireless' price analysis, check to measure Erf Wireless' 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 Erf Wireless is operating at the current time. Most of Erf Wireless' value examination focuses on studying past and present price action to predict the probability of Erf Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erf Wireless' price. Additionally, you may evaluate how the addition of Erf Wireless to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Erf Wireless' 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 Erf Wireless. If investors know Erf 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 Erf Wireless listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.46 | Revenue Per Share 2.357 | Quarterly Revenue Growth (0.24) | Return On Assets (0.43) |
The market value of Erf Wireless is measured differently than its book value, which is the value of Erf that is recorded on the company's balance sheet. Investors also form their own opinion of Erf Wireless' value that differs from its market value or its book value, called intrinsic value, which is Erf Wireless' 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 Erf Wireless' market value can be influenced by many factors that don't directly affect Erf Wireless' 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 Erf Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Erf Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erf Wireless' 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.