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Friday, July 09, 2021 4:53:47 PM
https://www.macroaxis.com/future-stock-price/ETEK/11.02?a=more
Current Price Horizon Target Price Odds to move over $ 11.02 or more in 90 days
0.0011 90 days 11.02 close to zero percent
Based on a normal probability distribution, the odds of Eco Tek to move over $ 11.02 or more in 90 days from now is close to zero percent
(This Eco-Tek Group probability density function shows the probability of Eco Tek OTC Stock to fall within a particular range of prices over
90 days) .
Probability of Eco-Tek Group price to stay between its current price of $ 0.0011 and $ 11.02 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Eco Tek has a beta of 0.84 suggesting as returns on the market go up,
Eco Tek average returns are expected to increase less than the benchmark. However, during the bear market,
the loss on holding Eco-Tek Group will be expected to be much smaller
as well.
Additionally The company has an alpha of 0.5216, implying that it can generate a 0.52 percent excess return over DOW after adjusting for the inherited market risk (beta).
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