Enhabit Stock Odds of Future Stock Price Finishing Over 12.01
| EHAB Stock | USD 7.81 0.12 1.56% |
Enhabit |
Enhabit Target Price Odds to finish over 12.01
The tendency of Enhabit 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 $ 12.01 or more in 90 days |
| 7.81 | 90 days | 12.01 | near 1 |
Based on a normal probability distribution, the odds of Enhabit to move over $ 12.01 or more in 90 days from now is near 1 (This Enhabit probability density function shows the probability of Enhabit Stock to fall within a particular range of prices over 90 days) . Probability of Enhabit price to stay between its current price of $ 7.81 and $ 12.01 at the end of the 90-day period is about 32.47 .
Given the investment horizon of 90 days Enhabit has a beta of 0.25 suggesting as returns on the market go up, Enhabit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enhabit will be expected to be much smaller as well. Additionally Enhabit has an alpha of 0.0019, implying that it can generate a 0.001861 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Enhabit Price Density |
| Price |
Predictive Modules for Enhabit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enhabit. 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.Enhabit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enhabit is not an exception. The market had few large corrections towards the Enhabit'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 Enhabit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enhabit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | 0.0005 |
Enhabit 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 Enhabit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enhabit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enhabit has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.05 B. Net Loss for the year was (80.5 M) with profit before overhead, payroll, taxes, and interest of 545.5 M. | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: The Returns On Capital At Enhabit Dont Inspire Confidence |
Enhabit 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 Enhabit Stock often depends not only on the future outlook of the current and potential Enhabit'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. Enhabit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.9 M | |
| Cash And Short Term Investments | 27.4 M |
Enhabit Technical Analysis
Enhabit's future price can be derived by breaking down and analyzing its technical indicators over time. Enhabit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enhabit. In general, you should focus on analyzing Enhabit Stock price patterns and their correlations with different microeconomic environments and drivers.