ELLINGTON FINL (Germany) Probability of Future Stock Price Finishing Over 11.04
| 1EL Stock | EUR 11.60 0.10 0.85% |
ELLINGTON |
ELLINGTON FINL Target Price Odds to finish over 11.04
The tendency of ELLINGTON 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 € 11.04 in 90 days |
| 11.60 | 90 days | 11.04 | about 78.81 |
Based on a normal probability distribution, the odds of ELLINGTON FINL to stay above € 11.04 in 90 days from now is about 78.81 (This ELLINGTON FINL INC probability density function shows the probability of ELLINGTON Stock to fall within a particular range of prices over 90 days) . Probability of ELLINGTON FINL INC price to stay between € 11.04 and its current price of €11.6 at the end of the 90-day period is about 64.5 .
Assuming the 90 days horizon ELLINGTON FINL has a beta of 0.38. This suggests as returns on the market go up, ELLINGTON FINL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ELLINGTON FINL INC will be expected to be much smaller as well. Additionally ELLINGTON FINL INC has an alpha of 0.0376, implying that it can generate a 0.0376 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ELLINGTON FINL Price Density |
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Predictive Modules for ELLINGTON FINL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ELLINGTON FINL INC. 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.ELLINGTON FINL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ELLINGTON FINL is not an exception. The market had few large corrections towards the ELLINGTON FINL'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 ELLINGTON FINL INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ELLINGTON FINL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.03 |
ELLINGTON FINL 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 ELLINGTON FINL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ELLINGTON FINL INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ELLINGTON FINL INC has high likelihood to experience some financial distress in the next 2 years |
ELLINGTON FINL Technical Analysis
ELLINGTON FINL's future price can be derived by breaking down and analyzing its technical indicators over time. ELLINGTON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ELLINGTON FINL INC. In general, you should focus on analyzing ELLINGTON Stock price patterns and their correlations with different microeconomic environments and drivers.
ELLINGTON FINL Predictive Forecast Models
ELLINGTON FINL's time-series forecasting models is one of many ELLINGTON FINL'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 ELLINGTON FINL'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 ELLINGTON FINL INC
Checking the ongoing alerts about ELLINGTON FINL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ELLINGTON FINL INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ELLINGTON FINL INC has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in ELLINGTON Stock
ELLINGTON FINL financial ratios help investors to determine whether ELLINGTON 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 ELLINGTON with respect to the benefits of owning ELLINGTON FINL security.