EastGroup Properties (Germany) Probability of Future Stock Price Finishing Under 161.94
| EGO Stock | EUR 161.00 1.00 0.62% |
EastGroup |
EastGroup Properties Target Price Odds to finish below 161.94
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 Price | Horizon | Target Price | Odds to stay under € 161.94 after 90 days |
| 161.00 | 90 days | 161.94 | about 24.76 |
Based on a normal probability distribution, the odds of EastGroup Properties to stay under € 161.94 after 90 days from now is about 24.76 (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 € 161.00 and € 161.94 at the end of the 90-day period is about 8.26 .
Assuming the 90 days horizon EastGroup Properties has a beta of 0.93 suggesting EastGroup Properties market returns are reactive to returns on the market. As the market goes up or down, EastGroup Properties is expected to follow. 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.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 | -0.17 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 3.26 | |
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 Outstanding | 43.6 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.