Edita Food (UK) Probability of Future Stock Price Finishing Under 2.65
| EFID Stock | 2.00 0.00 0.00% |
Edita |
Edita Food Target Price Odds to finish below 2.65
The tendency of Edita 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 2.65 after 90 days |
| 2.00 | 90 days | 2.65 | about 86.17 |
Based on a normal probability distribution, the odds of Edita Food to stay under 2.65 after 90 days from now is about 86.17 (This Edita Food Industries probability density function shows the probability of Edita Stock to fall within a particular range of prices over 90 days) . Probability of Edita Food Industries price to stay between its current price of 2.00 and 2.65 at the end of the 90-day period is about 67.25 .
Assuming the 90 days trading horizon Edita Food Industries has a beta of -2.19 suggesting as returns on its benchmark rise, returns on holding Edita Food Industries are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Edita Food is expected to outperform its benchmark. Additionally Edita Food Industries 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. Edita Food Price Density |
| Price |
Predictive Modules for Edita Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edita Food Industries. 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.Edita Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edita Food is not an exception. The market had few large corrections towards the Edita Food'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 Edita Food Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edita Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -2.19 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.08 |
Edita Food 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 Edita Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edita Food Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edita Food generated a negative expected return over the last 90 days | |
| Edita Food has high historical volatility and very poor performance | |
| Edita Food is unlikely to experience financial distress in the next 2 years |
Edita Food 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 Edita Stock often depends not only on the future outlook of the current and potential Edita Food'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. Edita Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 701.5 M | |
| Cash And Short Term Investments | 1.4 B |
Edita Food Technical Analysis
Edita Food's future price can be derived by breaking down and analyzing its technical indicators over time. Edita Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edita Food Industries. In general, you should focus on analyzing Edita Stock price patterns and their correlations with different microeconomic environments and drivers.
Edita Food Predictive Forecast Models
Edita Food's time-series forecasting models is one of many Edita Food'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 Edita Food'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 Edita Food Industries
Checking the ongoing alerts about Edita Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edita Food Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edita Food generated a negative expected return over the last 90 days | |
| Edita Food has high historical volatility and very poor performance | |
| Edita Food is unlikely to experience financial distress in the next 2 years |
Additional Tools for Edita Stock Analysis
When running Edita Food's price analysis, check to measure Edita Food'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 Edita Food is operating at the current time. Most of Edita Food's value examination focuses on studying past and present price action to predict the probability of Edita Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edita Food's price. Additionally, you may evaluate how the addition of Edita Food to your portfolios can decrease your overall portfolio volatility.