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#16) Enterra Energy Trust(ENT) Forecast Chart for Jun 19, 2017*
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June 16, 2017 (RicochetTrader.com)

Forecast chart for Enterra Energy Trust ( ENT ) for the next 15 trading days, starting on June 19, 2017

On June 16, 2017 Enterra Energy Trust had a closing price of $3.16 with 1,541,561 shares traded. The trading liquidity was $4.87M. The forecast predicted average opening price for trading date June 19, 2017 is $3.17.

Summary Information for Enterra Energy Trust ( ENT ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.5726% occurs on day 2 where there is a 10% chance that ENT will rise to $3.53 (+11.29%) and there is a 10% chance it will fall to $2.91 (-8.12%). There is a 20% that ENT will cross one of these price levels in 2 days, and adding the returns of +11.29% and -8.12% yields a net composite return of 3.17%. A net return of 3.17% in 2 days is an EDR of 1.5726% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.8662% occurs on day 2 where there is a 20% chance that ENT will rise to $3.41 (+7.48%) and there is a 20% chance it will fall to $2.99 (-5.74%). There is a 40% that ENT will cross one of these price levels in 2 days, and adding the returns of +7.48% and -5.74% yields a net composite return of 1.74%. A net return of 1.74% in 2 days is an EDR of 0.8662% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.3124% occurs on day 15 where there is a 30% chance that ENT will rise to $3.54 (+11.67%) and there is a 30% chance it will fall to $2.95 (-6.88%). There is a 60% that ENT will cross one of these price levels in 15 days, and adding the returns of +11.67% and -6.88% yields a net composite return of 4.79%. A net return of 4.79% in 15 days is an EDR of 0.3124% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.2425% occurs on day 11 where there is a 40% chance that ENT will rise to $3.37 (+6.25%) and there is a 40% chance it will fall to $3.06 (-3.55%). There is a 80% that ENT will cross one of these price levels in 11 days, and adding the returns of +6.25% and -3.55% yields a net composite return of 2.70%. A net return of 2.70% in 11 days is an EDR of 0.2425% per day.

* The forecast for Enterra Energy Trust (ENT) was made using market data after the close on June 16, 2017 but is generated for the next trading day, or June 19, 2017