Edri El (Israel) Odds of Future Stock Price Finishing Over 26.40
| EDRL Stock | ILS 26.40 1.50 6.02% |
Edri |
Edri El Target Price Odds to finish over 26.40
The tendency of Edri 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 above the current price in 90 days |
| 26.40 | 90 days | 26.40 | about 90.14 |
Based on a normal probability distribution, the odds of Edri El to move above the current price in 90 days from now is about 90.14 (This Edri El probability density function shows the probability of Edri Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Edri El has a beta of -1.47 suggesting as returns on its benchmark rise, returns on holding Edri El are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Edri El is expected to outperform its benchmark. Additionally Edri El has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Edri El Price Density |
| Price |
Predictive Modules for Edri El
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edri El. 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 Edri El's 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.
Edri El Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edri El is not an exception. The market had few large corrections towards the Edri El'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 Edri El, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edri El within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.36 | |
β | Beta against NYSE Composite | -1.47 | |
σ | Overall volatility | 4.18 | |
Ir | Information ratio | -0.08 |
Edri El 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 Edri El for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edri El can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edri El generated a negative expected return over the last 90 days | |
| Edri El has high historical volatility and very poor performance | |
| Edri El has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 125.08 M in total debt with debt to equity ratio (D/E) of 452.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edri El has a current ratio of 0.84, 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 Edri El until it has trouble settling it off, either with new capital or with free cash flow. So, Edri El's 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 Edri El sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edri to invest in growth at high rates of return. When we think about Edri El's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.42 M. Net Loss for the year was (2.87 M) with profit before overhead, payroll, taxes, and interest of 3.13 M. | |
| Edri El has accumulated about 325 K in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 19.0% of Edri El shares are held by company insiders |
Edri El 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 Edri Stock often depends not only on the future outlook of the current and potential Edri El'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. Edri El's indicators that are reflective of the short sentiment are summarized in the table below.
| Forward Annual Dividend Rate | 1.34 | |
| Shares Float | 15.3 M |
Edri El Technical Analysis
Edri El's future price can be derived by breaking down and analyzing its technical indicators over time. Edri Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edri El. In general, you should focus on analyzing Edri Stock price patterns and their correlations with different microeconomic environments and drivers.
Edri El Predictive Forecast Models
Edri El's time-series forecasting models is one of many Edri El'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 Edri El'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 Edri El
Checking the ongoing alerts about Edri El for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edri El help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edri El generated a negative expected return over the last 90 days | |
| Edri El has high historical volatility and very poor performance | |
| Edri El has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 125.08 M in total debt with debt to equity ratio (D/E) of 452.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edri El has a current ratio of 0.84, 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 Edri El until it has trouble settling it off, either with new capital or with free cash flow. So, Edri El's 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 Edri El sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edri to invest in growth at high rates of return. When we think about Edri El's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.42 M. Net Loss for the year was (2.87 M) with profit before overhead, payroll, taxes, and interest of 3.13 M. | |
| Edri El has accumulated about 325 K in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 19.0% of Edri El shares are held by company insiders |
Check out Edri El Backtesting, Edri El Valuation, Edri El Correlation, Edri El Hype Analysis, Edri El Volatility, Edri El History as well as Edri El Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Edri Stock analysis
When running Edri El's price analysis, check to measure Edri El's 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 Edri El is operating at the current time. Most of Edri El's value examination focuses on studying past and present price action to predict the probability of Edri El's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edri El's price. Additionally, you may evaluate how the addition of Edri El to your portfolios can decrease your overall portfolio volatility.
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