EMan As (Czech Republic) Odds of Future Stock Price Finishing Under 59.84
| EMAN Stock | CZK 71.00 8.00 12.70% |
EMan |
EMan As Target Price Odds to finish below 59.84
The tendency of EMan 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 drop to 59.84 or more in 90 days |
| 71.00 | 90 days | 59.84 | roughly 2.27 |
Based on a normal probability distribution, the odds of EMan As to drop to 59.84 or more in 90 days from now is roughly 2.27 (This eMan as probability density function shows the probability of EMan Stock to fall within a particular range of prices over 90 days) . Probability of eMan as price to stay between 59.84 and its current price of 71.0 at the end of the 90-day period is about 52.53 .
Assuming the 90 days trading horizon EMan As has a beta of 0.0303 suggesting as returns on the market go up, EMan As average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding eMan as will be expected to be much smaller as well. Additionally EMan as 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. EMan As Price Density |
| Price |
Predictive Modules for EMan As
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eMan as. 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.EMan As Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EMan As is not an exception. The market had few large corrections towards the EMan As' 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 eMan as, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EMan As within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 5.27 | |
Ir | Information ratio | -0.08 |
EMan As 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 EMan As for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for eMan as can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| eMan as generated a negative expected return over the last 90 days | |
| eMan as has high historical volatility and very poor performance |
EMan As Technical Analysis
EMan As' future price can be derived by breaking down and analyzing its technical indicators over time. EMan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of eMan as. In general, you should focus on analyzing EMan Stock price patterns and their correlations with different microeconomic environments and drivers.
EMan As Predictive Forecast Models
EMan As' time-series forecasting models is one of many EMan As' 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 EMan As' 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 eMan as
Checking the ongoing alerts about EMan As for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for eMan as help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| eMan as generated a negative expected return over the last 90 days | |
| eMan as has high historical volatility and very poor performance |
Additional Tools for EMan Stock Analysis
When running EMan As' price analysis, check to measure EMan As' 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 EMan As is operating at the current time. Most of EMan As' value examination focuses on studying past and present price action to predict the probability of EMan As' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMan As' price. Additionally, you may evaluate how the addition of EMan As to your portfolios can decrease your overall portfolio volatility.