Enlightify Stock Probability of Future Stock Price Finishing Over 12.76
| ENFY Stock | 1.11 0.03 2.78% |
Closest to current price Enlightify long PUT Option Payoff at Expiration
Enlightify | Build AI portfolio with Enlightify Stock |
Enlightify Target Price Odds to finish over 12.76
The tendency of Enlightify 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 12.76 or more in 90 days |
| 1.11 | 90 days | 12.76 | close to zero percent |
Based on a normal probability distribution, the odds of Enlightify to move over 12.76 or more in 90 days from now is close to zero percent (This Enlightify probability density function shows the probability of Enlightify Stock to fall within a particular range of prices over 90 days) . Probability of Enlightify price to stay between its current price of 1.11 and 12.76 at the end of the 90-day period is about 12.67 .
Given the investment horizon of 90 days Enlightify has a beta of 0.0978 suggesting as returns on the market go up, Enlightify average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enlightify will be expected to be much smaller as well. Additionally Enlightify has an alpha of 0.1128, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Enlightify Price Density |
| Price |
Predictive Modules for Enlightify
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enlightify. 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.Enlightify Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enlightify is not an exception. The market had few large corrections towards the Enlightify'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 Enlightify, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enlightify within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.02 |
Enlightify 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 Enlightify for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enlightify can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enlightify may become a speculative penny stock | |
| Enlightify had very high historical volatility over the last 90 days | |
| Enlightify has high likelihood to experience some financial distress in the next 2 years | |
| Enlightify was previously known as CGA Old and was traded on NASDAQ Exchange under the symbol CGA. | |
| The company reported the previous year's revenue of 95.85 M. Net Loss for the year was (28.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Enlightify generates negative cash flow from operations | |
| Enlightify has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Enlightify Terminates Acquisition Agreement with Lonestar Dream - TipRanks |
Enlightify 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 Enlightify Stock often depends not only on the future outlook of the current and potential Enlightify'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. Enlightify's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.9 M | |
| Cash And Short Term Investments | 58.8 M |
Enlightify Technical Analysis
Enlightify's future price can be derived by breaking down and analyzing its technical indicators over time. Enlightify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enlightify. In general, you should focus on analyzing Enlightify Stock price patterns and their correlations with different microeconomic environments and drivers.
Enlightify Predictive Forecast Models
Enlightify's time-series forecasting models is one of many Enlightify'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 Enlightify'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 Enlightify
Checking the ongoing alerts about Enlightify for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enlightify help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enlightify may become a speculative penny stock | |
| Enlightify had very high historical volatility over the last 90 days | |
| Enlightify has high likelihood to experience some financial distress in the next 2 years | |
| Enlightify was previously known as CGA Old and was traded on NASDAQ Exchange under the symbol CGA. | |
| The company reported the previous year's revenue of 95.85 M. Net Loss for the year was (28.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Enlightify generates negative cash flow from operations | |
| Enlightify has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Enlightify Terminates Acquisition Agreement with Lonestar Dream - TipRanks |
Additional Tools for Enlightify Stock Analysis
When running Enlightify's price analysis, check to measure Enlightify'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 Enlightify is operating at the current time. Most of Enlightify's value examination focuses on studying past and present price action to predict the probability of Enlightify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlightify's price. Additionally, you may evaluate how the addition of Enlightify to your portfolios can decrease your overall portfolio volatility.