Eagle Materials Stock Probability of Future Stock Price Finishing Over 273.07
| EXP Stock | USD 249.43 2.49 0.99% |
Eagle |
Eagle Materials Target Price Odds to finish over 273.07
The tendency of Eagle 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 $ 273.07 or more in 90 days |
| 249.43 | 90 days | 273.07 | about 84.12 |
Based on a normal probability distribution, the odds of Eagle Materials to move over $ 273.07 or more in 90 days from now is about 84.12 (This Eagle Materials probability density function shows the probability of Eagle Stock to fall within a particular range of prices over 90 days) . Probability of Eagle Materials price to stay between its current price of $ 249.43 and $ 273.07 at the end of the 90-day period is about 15.05 .
Considering the 90-day investment horizon Eagle Materials has a beta of 0.45 suggesting as returns on the market go up, Eagle Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eagle Materials will be expected to be much smaller as well. Additionally Eagle Materials 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. Eagle Materials Price Density |
| Price |
Predictive Modules for Eagle Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eagle Materials. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Materials' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eagle Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eagle Materials is not an exception. The market had few large corrections towards the Eagle Materials' 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 Eagle Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eagle Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 16.89 | |
Ir | Information ratio | -0.15 |
Eagle Materials 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 Eagle Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eagle Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eagle Materials generated a negative expected return over the last 90 days | |
| Eagle Materials has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Michael Nicolais of 1216 shares of Eagle Materials subject to Rule 16b-3 |
Eagle Materials 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 Eagle Stock often depends not only on the future outlook of the current and potential Eagle Materials' 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. Eagle Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.1 M | |
| Cash And Short Term Investments | 34.9 M |
Eagle Materials Technical Analysis
Eagle Materials' future price can be derived by breaking down and analyzing its technical indicators over time. Eagle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eagle Materials. In general, you should focus on analyzing Eagle Stock price patterns and their correlations with different microeconomic environments and drivers.
Eagle Materials Predictive Forecast Models
Eagle Materials' time-series forecasting models is one of many Eagle Materials' 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 Eagle Materials' 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 Eagle Materials
Checking the ongoing alerts about Eagle Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagle Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eagle Materials generated a negative expected return over the last 90 days | |
| Eagle Materials has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Michael Nicolais of 1216 shares of Eagle Materials subject to Rule 16b-3 |
Additional Tools for Eagle Stock Analysis
When running Eagle Materials' price analysis, check to measure Eagle Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Materials is operating at the current time. Most of Eagle Materials' value examination focuses on studying past and present price action to predict the probability of Eagle Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Materials' price. Additionally, you may evaluate how the addition of Eagle Materials to your portfolios can decrease your overall portfolio volatility.