Eisai (Germany) Chance of Future Stock Price Finishing Under 32.32
| EII Stock | EUR 26.12 0.20 0.76% |
Eisai |
Eisai Target Price Odds to finish below 32.32
The tendency of Eisai 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 € 32.32 after 90 days |
| 26.12 | 90 days | 32.32 | about 73.7 |
Based on a normal probability distribution, the odds of Eisai to stay under € 32.32 after 90 days from now is about 73.7 (This Eisai Co probability density function shows the probability of Eisai Stock to fall within a particular range of prices over 90 days) . Probability of Eisai price to stay between its current price of € 26.12 and € 32.32 at the end of the 90-day period is about 70.63 .
Assuming the 90 days horizon Eisai has a beta of 0.36 suggesting as returns on the market go up, Eisai average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eisai Co will be expected to be much smaller as well. Additionally Eisai Co 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. Eisai Price Density |
| Price |
Predictive Modules for Eisai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eisai. 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.Eisai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eisai is not an exception. The market had few large corrections towards the Eisai'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 Eisai Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eisai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 2.49 | |
Ir | Information ratio | -0.18 |
Eisai 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 Eisai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eisai can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eisai generated a negative expected return over the last 90 days | |
| Eisai has high likelihood to experience some financial distress in the next 2 years |
Eisai 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 Eisai Stock often depends not only on the future outlook of the current and potential Eisai'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. Eisai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 286.7 M |
Eisai Technical Analysis
Eisai's future price can be derived by breaking down and analyzing its technical indicators over time. Eisai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eisai Co. In general, you should focus on analyzing Eisai Stock price patterns and their correlations with different microeconomic environments and drivers.
Eisai Predictive Forecast Models
Eisai's time-series forecasting models is one of many Eisai'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 Eisai'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 Eisai
Checking the ongoing alerts about Eisai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eisai help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eisai generated a negative expected return over the last 90 days | |
| Eisai has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in Eisai Stock
Eisai financial ratios help investors to determine whether Eisai 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 Eisai with respect to the benefits of owning Eisai security.