Electra Co (Israel) Probability of Future Stock Price Finishing Under 7,033
| ECP Stock | 10,750 250.00 2.38% |
Electra |
Electra Co Target Price Odds to finish below 7,033
The tendency of Electra 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 below current price in 90 days |
| 10,750 | 90 days | 10,750 | close to 99 |
Based on a normal probability distribution, the odds of Electra Co to move below current price in 90 days from now is close to 99 (This Electra Co Pr probability density function shows the probability of Electra Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Electra Co Pr has a beta of -0.0756 suggesting as returns on the benchmark increase, returns on holding Electra Co are expected to decrease at a much lower rate. During a bear market, however, Electra Co Pr is likely to outperform the market. Additionally Electra Co Pr has an alpha of 0.6227, implying that it can generate a 0.62 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Electra Co Price Density |
| Price |
Predictive Modules for Electra Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electra Co Pr. 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.Electra Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electra Co is not an exception. The market had few large corrections towards the Electra Co'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 Electra Co Pr, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electra Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.62 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 1,117 | |
Ir | Information ratio | 0.17 |
Electra Co 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 Electra Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electra Co Pr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electra Co Pr has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Electra Co Pr has accumulated about 223.81 M in cash with (6.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.2. | |
| Roughly 49.0% of the company shares are held by company insiders |
Electra Co 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 Electra Stock often depends not only on the future outlook of the current and potential Electra Co'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. Electra Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.9 M |
Electra Co Technical Analysis
Electra Co's future price can be derived by breaking down and analyzing its technical indicators over time. Electra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electra Co Pr. In general, you should focus on analyzing Electra Stock price patterns and their correlations with different microeconomic environments and drivers.
Electra Co Predictive Forecast Models
Electra Co's time-series forecasting models is one of many Electra Co'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 Electra Co'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 Electra Co Pr
Checking the ongoing alerts about Electra Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electra Co Pr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electra Co Pr has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Electra Co Pr has accumulated about 223.81 M in cash with (6.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.2. | |
| Roughly 49.0% of the company shares are held by company insiders |
Other Information on Investing in Electra Stock
Electra Co financial ratios help investors to determine whether Electra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Electra with respect to the benefits of owning Electra Co security.