Eaton Plc (Brazil) Probability of Future Stock Price Finishing Under 95.71
| E1TN34 Stock | BRL 147.45 0.29 0.20% |
Eaton |
Eaton Plc Target Price Odds to finish below 95.71
The tendency of Eaton 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 drop to R$ 95.71 or more in 90 days |
| 147.45 | 90 days | 95.71 | near 1 |
Based on a normal probability distribution, the odds of Eaton Plc to drop to R$ 95.71 or more in 90 days from now is near 1 (This Eaton plc probability density function shows the probability of Eaton Stock to fall within a particular range of prices over 90 days) . Probability of Eaton plc price to stay between R$ 95.71 and its current price of R$147.45 at the end of the 90-day period is about 63.24 .
Assuming the 90 days trading horizon Eaton Plc has a beta of 0.31 suggesting as returns on the market go up, Eaton Plc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eaton plc will be expected to be much smaller as well. Additionally Eaton plc has an alpha of 0.3152, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eaton Plc Price Density |
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Predictive Modules for Eaton Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eaton plc. 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.Eaton Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eaton Plc is not an exception. The market had few large corrections towards the Eaton Plc'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 Eaton plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eaton Plc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 11.36 | |
Ir | Information ratio | 0.18 |
Eaton Plc 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 Eaton Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eaton plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eaton plc has accumulated 9.98 B in total debt with debt to equity ratio (D/E) of 0.6, which is about average as compared to similar companies. Eaton plc has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Eaton Plc until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Plc's use of debt, we should always consider it together with cash and equity. |
Eaton Plc Technical Analysis
Eaton Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Eaton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eaton plc. In general, you should focus on analyzing Eaton Stock price patterns and their correlations with different microeconomic environments and drivers.
Eaton Plc Predictive Forecast Models
Eaton Plc's time-series forecasting models is one of many Eaton Plc'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 Eaton Plc'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 Eaton plc
Checking the ongoing alerts about Eaton Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eaton plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eaton plc has accumulated 9.98 B in total debt with debt to equity ratio (D/E) of 0.6, which is about average as compared to similar companies. Eaton plc has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Eaton Plc until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Plc's use of debt, we should always consider it together with cash and equity. |
Additional Information and Resources on Investing in Eaton Stock
When determining whether Eaton plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:Check out Eaton Plc Backtesting, Eaton Plc Valuation, Eaton Plc Correlation, Eaton Plc Hype Analysis, Eaton Plc Volatility, Eaton Plc History as well as Eaton Plc Performance. For information on how to trade Eaton Stock refer to our How to Trade Eaton Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.