EMedia Holdings (South Africa) Probability of Future Stock Price Finishing Over 339.68
| EMN Stock | 375.00 42.00 12.61% |
EMedia |
EMedia Holdings Target Price Odds to finish over 339.68
The tendency of EMedia 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 above 339.68 in 90 days |
| 375.00 | 90 days | 339.68 | about 10.44 |
Based on a normal probability distribution, the odds of EMedia Holdings to stay above 339.68 in 90 days from now is about 10.44 (This eMedia Holdings Limited probability density function shows the probability of EMedia Stock to fall within a particular range of prices over 90 days) . Probability of eMedia Holdings price to stay between 339.68 and its current price of 375.0 at the end of the 90-day period is about 10.44 .
Assuming the 90 days trading horizon eMedia Holdings Limited has a beta of -0.0503 suggesting as returns on the benchmark increase, returns on holding EMedia Holdings are expected to decrease at a much lower rate. During a bear market, however, eMedia Holdings Limited is likely to outperform the market. Additionally EMedia Holdings Limited has an alpha of 0.3116, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EMedia Holdings Price Density |
| Price |
Predictive Modules for EMedia Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eMedia Holdings. 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.EMedia Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EMedia Holdings is not an exception. The market had few large corrections towards the EMedia Holdings' 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 eMedia Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EMedia Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 12.03 | |
Ir | Information ratio | 0.08 |
EMedia Holdings 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 EMedia Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for eMedia Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 93.0% of the company shares are held by company insiders |
EMedia Holdings 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 EMedia Stock often depends not only on the future outlook of the current and potential EMedia Holdings' 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. EMedia Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 440.5 M |
EMedia Holdings Technical Analysis
EMedia Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. EMedia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of eMedia Holdings Limited. In general, you should focus on analyzing EMedia Stock price patterns and their correlations with different microeconomic environments and drivers.
EMedia Holdings Predictive Forecast Models
EMedia Holdings' time-series forecasting models is one of many EMedia Holdings' 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 EMedia Holdings' 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 eMedia Holdings
Checking the ongoing alerts about EMedia Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for eMedia Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 93.0% of the company shares are held by company insiders |
Other Information on Investing in EMedia Stock
EMedia Holdings financial ratios help investors to determine whether EMedia 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 EMedia with respect to the benefits of owning EMedia Holdings security.