Easy Trip (India) Probability of Future Stock Price Finishing Under 20.05
| EASEMYTRIP | 17.99 1.66 10.17% |
Easy |
Easy Trip Target Price Odds to finish below 20.05
The tendency of Easy 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 stay under 20.05 after 90 days |
| 17.99 | 90 days | 20.05 | about 7.56 |
Based on a normal probability distribution, the odds of Easy Trip to stay under 20.05 after 90 days from now is about 7.56 (This Easy Trip Planners probability density function shows the probability of Easy Stock to fall within a particular range of prices over 90 days) . Probability of Easy Trip Planners price to stay between its current price of 17.99 and 20.05 at the end of the 90-day period is roughly 2.27 .
Assuming the 90 days trading horizon Easy Trip Planners has a beta of -3.5 suggesting as returns on its benchmark rise, returns on holding Easy Trip Planners are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Easy Trip is expected to outperform its benchmark. In addition to that Easy Trip Planners has an alpha of 3.5732, implying that it can generate a 3.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Easy Trip Price Density |
| Price |
Predictive Modules for Easy Trip
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Easy Trip Planners. 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.Easy Trip Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Easy Trip is not an exception. The market had few large corrections towards the Easy Trip'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 Easy Trip Planners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Easy Trip within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.57 | |
β | Beta against Dow Jones | -3.5 | |
σ | Overall volatility | 11.38 | |
Ir | Information ratio | 0.08 |
Easy Trip 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 Easy Trip for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Easy Trip Planners can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Easy Trip Planners is way too risky over 90 days horizon | |
| Easy Trip Planners appears to be risky and price may revert if volatility continues | |
| Easy Trip Planners is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Easy Trip Planners Reports Negative Q3 Results, MarketsMOJO Calls for Strong Sell - MarketsMojo |
Easy Trip 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 Easy Stock often depends not only on the future outlook of the current and potential Easy Trip'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. Easy Trip's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 1.9 B |
Easy Trip Technical Analysis
Easy Trip's future price can be derived by breaking down and analyzing its technical indicators over time. Easy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Easy Trip Planners. In general, you should focus on analyzing Easy Stock price patterns and their correlations with different microeconomic environments and drivers.
Easy Trip Predictive Forecast Models
Easy Trip's time-series forecasting models is one of many Easy Trip'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 Easy Trip'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 Easy Trip Planners
Checking the ongoing alerts about Easy Trip for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Easy Trip Planners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Easy Trip Planners is way too risky over 90 days horizon | |
| Easy Trip Planners appears to be risky and price may revert if volatility continues | |
| Easy Trip Planners is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Easy Trip Planners Reports Negative Q3 Results, MarketsMOJO Calls for Strong Sell - MarketsMojo |
Additional Tools for Easy Stock Analysis
When running Easy Trip's price analysis, check to measure Easy Trip'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 Easy Trip is operating at the current time. Most of Easy Trip's value examination focuses on studying past and present price action to predict the probability of Easy Trip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Easy Trip's price. Additionally, you may evaluate how the addition of Easy Trip to your portfolios can decrease your overall portfolio volatility.