Erech Finance (Israel) Probability of Future Stock Price Finishing Over 196.00
| EFNC Stock | 196.00 20.90 9.64% |
Erech |
Erech Finance Target Price Odds to finish over 196.00
The tendency of Erech 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 above the current price in 90 days |
| 196.00 | 90 days | 196.00 | about 98.0 |
Based on a normal probability distribution, the odds of Erech Finance to move above the current price in 90 days from now is about 98.0 (This Erech Finance Cahalacha probability density function shows the probability of Erech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.07 suggesting Erech Finance Cahalacha market returns are sensitive to returns on the market. As the market goes up or down, Erech Finance is expected to follow. Additionally Erech Finance Cahalacha 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. Erech Finance Price Density |
| Price |
Predictive Modules for Erech Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erech Finance Cahalacha. 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.Erech Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erech Finance is not an exception. The market had few large corrections towards the Erech Finance'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 Erech Finance Cahalacha, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erech Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 17.31 | |
Ir | Information ratio | -0.06 |
Erech Finance 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 Erech Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erech Finance Cahalacha can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erech Finance generated a negative expected return over the last 90 days | |
| Erech Finance has high historical volatility and very poor performance | |
| Erech Finance generates negative cash flow from operations | |
| About 40.0% of the company shares are held by company insiders |
Erech Finance 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 Erech Stock often depends not only on the future outlook of the current and potential Erech Finance'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. Erech Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 M |
Erech Finance Technical Analysis
Erech Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Erech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erech Finance Cahalacha. In general, you should focus on analyzing Erech Stock price patterns and their correlations with different microeconomic environments and drivers.
Erech Finance Predictive Forecast Models
Erech Finance's time-series forecasting models is one of many Erech Finance'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 Erech Finance'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 Erech Finance Cahalacha
Checking the ongoing alerts about Erech Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erech Finance Cahalacha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erech Finance generated a negative expected return over the last 90 days | |
| Erech Finance has high historical volatility and very poor performance | |
| Erech Finance generates negative cash flow from operations | |
| About 40.0% of the company shares are held by company insiders |
Other Information on Investing in Erech Stock
Erech Finance financial ratios help investors to determine whether Erech 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 Erech with respect to the benefits of owning Erech Finance security.