Energy Services Stock Probability of Future Stock Price Finishing Over 13.08
| ESOA Stock | USD 6.86 0.23 3.47% |
Energy |
Energy Services Target Price Odds to finish over 13.08
The tendency of Energy 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 over $ 13.08 or more in 90 days |
| 6.86 | 90 days | 13.08 | close to zero percent |
Based on a normal probability distribution, the odds of Energy Services to move over $ 13.08 or more in 90 days from now is close to zero percent (This Energy Services probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) . Probability of Energy Services price to stay between its current price of $ 6.86 and $ 13.08 at the end of the 90-day period is roughly 96.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.32 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Energy Services will likely underperform. Additionally Energy Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Energy Services Price Density |
| Price |
Predictive Modules for Energy Services
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Services. 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 Energy Services' 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.
Energy Services Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energy Services is not an exception. The market had few large corrections towards the Energy Services' 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 Energy Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energy Services within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.27 | |
β | Beta against NYSE Composite | 3.32 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.03 |
Energy Services 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 Energy Services for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energy Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energy Services generated a negative expected return over the last 90 days | |
| Energy Services has high historical volatility and very poor performance | |
| Energy Services is unlikely to experience financial distress in the next 2 years | |
| About 37.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Mammoth Energy Services Inc Q1 2024 Earnings Significant Revenue Decline and Missed ... - Yahoo Finance |
Energy Services 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 Energy Stock often depends not only on the future outlook of the current and potential Energy Services' 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. Energy Services' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.7 M | |
| Cash And Short Term Investments | 16.4 M |
Energy Services Technical Analysis
Energy Services' future price can be derived by breaking down and analyzing its technical indicators over time. Energy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energy Services. In general, you should focus on analyzing Energy Stock price patterns and their correlations with different microeconomic environments and drivers.
Energy Services Predictive Forecast Models
Energy Services' time-series forecasting models is one of many Energy Services' 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 Energy Services' 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 Energy Services
Checking the ongoing alerts about Energy Services for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energy Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energy Services generated a negative expected return over the last 90 days | |
| Energy Services has high historical volatility and very poor performance | |
| Energy Services is unlikely to experience financial distress in the next 2 years | |
| About 37.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Mammoth Energy Services Inc Q1 2024 Earnings Significant Revenue Decline and Missed ... - Yahoo Finance |
Check out Energy Services Backtesting, Energy Services Valuation, Energy Services Correlation, Energy Services Hype Analysis, Energy Services Volatility, Energy Services History as well as Energy Services Performance. For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Energy Stock analysis
When running Energy Services' price analysis, check to measure Energy Services' 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 Energy Services is operating at the current time. Most of Energy Services' value examination focuses on studying past and present price action to predict the probability of Energy Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Services' price. Additionally, you may evaluate how the addition of Energy Services to your portfolios can decrease your overall portfolio volatility.
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Is Energy Services' 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 Energy Services. If investors know Energy 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 Energy Services 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 13.454 | Dividend Share 0.06 | Earnings Share 0.55 | Revenue Per Share 20.108 | Quarterly Revenue Growth 0.502 |
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.