Ellington Financial Stock Probability of Future Stock Price Finishing Under 12.37
| EFC Stock | USD 12.33 0.06 0.49% |
Ellington |
Ellington Financial Target Price Odds to finish below 12.37
The tendency of Ellington 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 $ 12.37 after 90 days |
| 12.33 | 90 days | 12.37 | about 52.46 |
Based on a normal probability distribution, the odds of Ellington Financial to stay under $ 12.37 after 90 days from now is about 52.46 (This Ellington Financial probability density function shows the probability of Ellington Stock to fall within a particular range of prices over 90 days) . Probability of Ellington Financial price to stay between its current price of $ 12.33 and $ 12.37 at the end of the 90-day period is about 5.9 .
Considering the 90-day investment horizon Ellington Financial has a beta of 0.34 suggesting as returns on the market go up, Ellington Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ellington Financial will be expected to be much smaller as well. Additionally Ellington Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ellington Financial Price Density |
| Price |
Predictive Modules for Ellington Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ellington Financial. 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.Ellington Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ellington Financial is not an exception. The market had few large corrections towards the Ellington Financial'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 Ellington Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ellington Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.19 |
Ellington Financial 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 Ellington Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ellington Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ellington Financial generated a negative expected return over the last 90 days | |
| Ellington Financial has about 217.05 M in cash with (241.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09. | |
| Roughly 56.0% of the company shares are held by institutions such as insurance companies | |
| On 25th of November 2024 Ellington Financial paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
Ellington Financial 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 Ellington Stock often depends not only on the future outlook of the current and potential Ellington Financial'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. Ellington Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.1 M | |
| Cash And Short Term Investments | 228.9 M |
Ellington Financial Technical Analysis
Ellington Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Ellington Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ellington Financial. In general, you should focus on analyzing Ellington Stock price patterns and their correlations with different microeconomic environments and drivers.
Ellington Financial Predictive Forecast Models
Ellington Financial's time-series forecasting models is one of many Ellington Financial'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 Ellington Financial'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 Ellington Financial
Checking the ongoing alerts about Ellington Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ellington Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ellington Financial generated a negative expected return over the last 90 days | |
| Ellington Financial has about 217.05 M in cash with (241.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09. | |
| Roughly 56.0% of the company shares are held by institutions such as insurance companies | |
| On 25th of November 2024 Ellington Financial paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
Check out Ellington Financial Backtesting, Ellington Financial Valuation, Ellington Financial Correlation, Ellington Financial Hype Analysis, Ellington Financial Volatility, Ellington Financial History as well as Ellington Financial Performance. For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.908 | Dividend Share 1.66 | Earnings Share 1.29 | Revenue Per Share 3.539 | Quarterly Revenue Growth 0.19 |
The market value of Ellington Financial is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.