EAM Solar (Norway) Probability of Future Stock Price Finishing Under 34.3

EAM Stock  NOK 13.60  0.35  2.64%   
EAM Solar's future price is the expected price of EAM Solar 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 EAM Solar ASA performance during a given time horizon utilizing its historical volatility. Check out EAM Solar Backtesting, EAM Solar Valuation, EAM Solar Correlation, EAM Solar Hype Analysis, EAM Solar Volatility, EAM Solar History as well as EAM Solar Performance.
  
Please specify EAM Solar's target price for which you would like EAM Solar odds to be computed.

EAM Solar Target Price Odds to finish below 34.3

The tendency of EAM 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 under  34.30  after 90 days
 13.60 90 days 34.30 
close to 99
Based on a normal probability distribution, the odds of EAM Solar to stay under  34.30  after 90 days from now is close to 99 (This EAM Solar ASA probability density function shows the probability of EAM Stock to fall within a particular range of prices over 90 days) . Probability of EAM Solar ASA price to stay between its current price of  13.60  and  34.30  at the end of the 90-day period is about 86.62 .
Assuming the 90 days trading horizon EAM Solar has a beta of 0.12 suggesting as returns on the market go up, EAM Solar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EAM Solar ASA will be expected to be much smaller as well. Additionally EAM Solar ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   EAM Solar Price Density   
       Price  

Predictive Modules for EAM Solar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EAM Solar ASA. 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 EAM Solar'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
8.9713.6018.23
Details
Intrinsic
Valuation
LowRealHigh
7.4112.0416.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EAM Solar. Your research has to be compared to or analyzed against EAM Solar's peers to derive any actionable benefits. When done correctly, EAM Solar'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 EAM Solar ASA.

EAM Solar Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. EAM Solar is not an exception. The market had few large corrections towards the EAM Solar'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 EAM Solar ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EAM Solar within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.14
β
Beta against NYSE Composite0.12
σ
Overall volatility
2.12
Ir
Information ratio -0.05

EAM Solar 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 EAM Solar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EAM Solar ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
EAM Solar ASA generated a negative expected return over the last 90 days
EAM Solar ASA has high historical volatility and very poor performance
EAM Solar ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 1.33 M. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M.
EAM Solar ASA has accumulated about 581.7 K in cash with (1.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Roughly 36.0% of the company shares are held by company insiders

EAM Solar 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 EAM Stock often depends not only on the future outlook of the current and potential EAM Solar'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. EAM Solar's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding6.9 M
Cash And Short Term Investments581.7 K

EAM Solar Technical Analysis

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

EAM Solar Predictive Forecast Models

EAM Solar's time-series forecasting models is one of many EAM Solar'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 EAM Solar'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 EAM Solar ASA

Checking the ongoing alerts about EAM Solar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EAM Solar ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
EAM Solar ASA generated a negative expected return over the last 90 days
EAM Solar ASA has high historical volatility and very poor performance
EAM Solar ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 1.33 M. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M.
EAM Solar ASA has accumulated about 581.7 K in cash with (1.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Roughly 36.0% of the company shares are held by company insiders
Check out EAM Solar Backtesting, EAM Solar Valuation, EAM Solar Correlation, EAM Solar Hype Analysis, EAM Solar Volatility, EAM Solar History as well as EAM Solar Performance.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running EAM Solar's price analysis, check to measure EAM Solar'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 EAM Solar is operating at the current time. Most of EAM Solar's value examination focuses on studying past and present price action to predict the probability of EAM Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EAM Solar's price. Additionally, you may evaluate how the addition of EAM Solar to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between EAM Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if EAM Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EAM Solar'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.