Eco Animal (UK) Probability of Future Stock Price Finishing Over 77.85
| EAH Stock | 70.50 2.50 3.42% |
Eco |
Eco Animal Target Price Odds to finish over 77.85
The tendency of Eco 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 over 77.85 or more in 90 days |
| 70.50 | 90 days | 77.85 | about 54.14 |
Based on a normal probability distribution, the odds of Eco Animal to move over 77.85 or more in 90 days from now is about 54.14 (This Eco Animal Health probability density function shows the probability of Eco Stock to fall within a particular range of prices over 90 days) . Probability of Eco Animal Health price to stay between its current price of 70.50 and 77.85 at the end of the 90-day period is about 16.59 .
Assuming the 90 days trading horizon Eco Animal has a beta of 0.43 suggesting as returns on the market go up, Eco Animal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eco Animal Health will be expected to be much smaller as well. Additionally Eco Animal Health 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. Eco Animal Price Density |
| Price |
Predictive Modules for Eco Animal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eco Animal Health. 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.Eco Animal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eco Animal is not an exception. The market had few large corrections towards the Eco Animal'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 Eco Animal Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eco Animal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.75 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 16.64 | |
Ir | Information ratio | -0.21 |
Eco Animal 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 Eco Animal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eco Animal Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eco Animal Health generated a negative expected return over the last 90 days | |
| Eco Animal Health has high historical volatility and very poor performance | |
| Eco Animal Health is unlikely to experience financial distress in the next 2 years | |
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: ECO Animal Health - Investor Presentation video recording - December 2024 - Research Tree |
Eco Animal 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 Eco Stock often depends not only on the future outlook of the current and potential Eco Animal'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. Eco Animal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.1 M | |
| Cash And Short Term Investments | 22.4 M |
Eco Animal Technical Analysis
Eco Animal's future price can be derived by breaking down and analyzing its technical indicators over time. Eco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eco Animal Health. In general, you should focus on analyzing Eco Stock price patterns and their correlations with different microeconomic environments and drivers.
Eco Animal Predictive Forecast Models
Eco Animal's time-series forecasting models is one of many Eco Animal'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 Eco Animal'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 Eco Animal Health
Checking the ongoing alerts about Eco Animal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eco Animal Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eco Animal Health generated a negative expected return over the last 90 days | |
| Eco Animal Health has high historical volatility and very poor performance | |
| Eco Animal Health is unlikely to experience financial distress in the next 2 years | |
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: ECO Animal Health - Investor Presentation video recording - December 2024 - Research Tree |
Other Information on Investing in Eco Stock
Eco Animal financial ratios help investors to determine whether Eco 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 Eco with respect to the benefits of owning Eco Animal security.