Elbit Medical (Israel) Probability of Future Stock Price Finishing Under 12.48
| EMTC-M Stock | 15.90 0.10 0.62% |
Elbit |
Elbit Medical Target Price Odds to finish below 12.48
The tendency of Elbit 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 12.48 or more in 90 days |
| 15.90 | 90 days | 12.48 | about 1.91 |
Based on a normal probability distribution, the odds of Elbit Medical to drop to 12.48 or more in 90 days from now is about 1.91 (This Elbit Medical Technologies probability density function shows the probability of Elbit Stock to fall within a particular range of prices over 90 days) . Probability of Elbit Medical Techno price to stay between 12.48 and its current price of 15.9 at the end of the 90-day period is about 15.6 .
Assuming the 90 days trading horizon Elbit Medical has a beta of 0.3 suggesting as returns on the market go up, Elbit Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Elbit Medical Technologies will be expected to be much smaller as well. Additionally Elbit Medical Technologies has an alpha of 0.3037, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Elbit Medical Price Density |
| Price |
Predictive Modules for Elbit Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elbit Medical Techno. 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.Elbit Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elbit Medical is not an exception. The market had few large corrections towards the Elbit Medical'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 Elbit Medical Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elbit Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 3.01 | |
Ir | Information ratio | 0.05 |
Elbit Medical 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 Elbit Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elbit Medical Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elbit Medical Techno had very high historical volatility over the last 90 days | |
| Elbit Medical Techno has high likelihood to experience some financial distress in the next 2 years | |
| About 85.0% of the company shares are held by company insiders |
Elbit Medical Technical Analysis
Elbit Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Elbit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elbit Medical Technologies. In general, you should focus on analyzing Elbit Stock price patterns and their correlations with different microeconomic environments and drivers.
Elbit Medical Predictive Forecast Models
Elbit Medical's time-series forecasting models is one of many Elbit Medical'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 Elbit Medical'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 Elbit Medical Techno
Checking the ongoing alerts about Elbit Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elbit Medical Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elbit Medical Techno had very high historical volatility over the last 90 days | |
| Elbit Medical Techno has high likelihood to experience some financial distress in the next 2 years | |
| About 85.0% of the company shares are held by company insiders |
Other Information on Investing in Elbit Stock
Elbit Medical financial ratios help investors to determine whether Elbit 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 Elbit with respect to the benefits of owning Elbit Medical security.