EastGroup Properties (Germany) Probability of Future Stock Price Finishing Over 161.25

EGO Stock  EUR 159.00  2.00  1.24%   
EastGroup Properties' future price is the expected price of EastGroup Properties instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of EastGroup Properties performance during a given time horizon utilizing its historical volatility. Check out EastGroup Properties Backtesting, EastGroup Properties Valuation, EastGroup Properties Correlation, EastGroup Properties Hype Analysis, EastGroup Properties Volatility, EastGroup Properties History as well as EastGroup Properties Performance.
For more detail on how to invest in EastGroup Stock please use our How to Invest in EastGroup Properties guide.
  
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EastGroup Properties Target Price Odds to finish over 161.25

The tendency of EastGroup 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 PriceHorizonTarget PriceOdds to move over € 161.25  or more in 90 days
 159.00 90 days 161.25 
about 78.55
Based on a normal probability distribution, the odds of EastGroup Properties to move over € 161.25  or more in 90 days from now is about 78.55 (This EastGroup Properties probability density function shows the probability of EastGroup Stock to fall within a particular range of prices over 90 days) . Probability of EastGroup Properties price to stay between its current price of € 159.00  and € 161.25  at the end of the 90-day period is about 14.27 .
Assuming the 90 days horizon EastGroup Properties has a beta of -0.26 suggesting as returns on the benchmark increase, returns on holding EastGroup Properties are expected to decrease at a much lower rate. During a bear market, however, EastGroup Properties is likely to outperform the market. Additionally EastGroup Properties 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.
   EastGroup Properties Price Density   
       Price  

Predictive Modules for EastGroup Properties

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EastGroup Properties. 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.
Hype
Prediction
LowEstimatedHigh
157.71159.00160.29
Details
Intrinsic
Valuation
LowRealHigh
134.07135.36174.90
Details
Naive
Forecast
LowNextHigh
154.08155.37156.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
157.56161.92166.27
Details

EastGroup Properties Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. EastGroup Properties is not an exception. The market had few large corrections towards the EastGroup Properties' 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 EastGroup Properties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EastGroup Properties within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.02
β
Beta against Dow Jones-0.26
σ
Overall volatility
3.35
Ir
Information ratio -0.14

EastGroup Properties 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 EastGroup Properties for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EastGroup Properties can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
EastGroup Properties generated a negative expected return over the last 90 days
EastGroup Properties has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
EastGroup Properties has accumulated 1.69 B in total debt with debt to equity ratio (D/E) of 115.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EastGroup Properties has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist EastGroup Properties until it has trouble settling it off, either with new capital or with free cash flow. So, EastGroup Properties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EastGroup Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EastGroup to invest in growth at high rates of return. When we think about EastGroup Properties' use of debt, we should always consider it together with cash and equity.
Over 93.0% of EastGroup Properties shares are held by institutions such as insurance companies

EastGroup Properties 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 EastGroup Stock often depends not only on the future outlook of the current and potential EastGroup Properties' 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. EastGroup Properties' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding43.6 M

EastGroup Properties Technical Analysis

EastGroup Properties' future price can be derived by breaking down and analyzing its technical indicators over time. EastGroup Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EastGroup Properties. In general, you should focus on analyzing EastGroup Stock price patterns and their correlations with different microeconomic environments and drivers.

EastGroup Properties Predictive Forecast Models

EastGroup Properties' time-series forecasting models is one of many EastGroup Properties' 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 EastGroup Properties' 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 EastGroup Properties

Checking the ongoing alerts about EastGroup Properties for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EastGroup Properties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
EastGroup Properties generated a negative expected return over the last 90 days
EastGroup Properties has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
EastGroup Properties has accumulated 1.69 B in total debt with debt to equity ratio (D/E) of 115.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EastGroup Properties has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist EastGroup Properties until it has trouble settling it off, either with new capital or with free cash flow. So, EastGroup Properties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EastGroup Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EastGroup to invest in growth at high rates of return. When we think about EastGroup Properties' use of debt, we should always consider it together with cash and equity.
Over 93.0% of EastGroup Properties shares are held by institutions such as insurance companies

Additional Information and Resources on Investing in EastGroup Stock

When determining whether EastGroup Properties is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EastGroup Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastgroup Properties Stock. Highlighted below are key reports to facilitate an investment decision about Eastgroup Properties Stock:
Check out EastGroup Properties Backtesting, EastGroup Properties Valuation, EastGroup Properties Correlation, EastGroup Properties Hype Analysis, EastGroup Properties Volatility, EastGroup Properties History as well as EastGroup Properties Performance.
For more detail on how to invest in EastGroup Stock please use our How to Invest in EastGroup Properties guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between EastGroup Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if EastGroup Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EastGroup Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.