Electra (Israel) Odds of Future Stock Price Finishing Under 818.1

ELTR Stock  ILS 158,330  2,670  1.66%   
Electra's future price is the expected price of Electra instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Electra performance during a given time horizon utilizing its historical volatility. Check out Electra Backtesting, Electra Valuation, Electra Correlation, Electra Hype Analysis, Electra Volatility, Electra History as well as Electra Performance.
  
Please specify Electra's target price for which you would like Electra odds to be computed.

Electra Target Price Odds to finish below 818.1

The tendency of Electra 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 PriceHorizonTarget PriceOdds to drop to S 818.10  or more in 90 days
 158,330 90 days 818.10 
near 1
Based on a normal probability distribution, the odds of Electra to drop to S 818.10  or more in 90 days from now is near 1 (This Electra probability density function shows the probability of Electra Stock to fall within a particular range of prices over 90 days) . Probability of Electra price to stay between S 818.10  and its current price of S158330.0 at the end of the 90-day period is about 90.31 .
Assuming the 90 days trading horizon Electra has a beta of 0.53 suggesting as returns on the market go up, Electra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Electra will be expected to be much smaller as well. Additionally Electra has an alpha of 0.0368, implying that it can generate a 0.0368 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Electra Price Density   
       Price  

Predictive Modules for Electra

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electra. 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 Electra'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.
Hype
Prediction
LowEstimatedHigh
158,328158,330158,332
Details
Intrinsic
Valuation
LowRealHigh
152,793152,795174,163
Details
Naive
Forecast
LowNextHigh
157,479157,482157,484
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
140,158153,681167,205
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electra. Your research has to be compared to or analyzed against Electra's peers to derive any actionable benefits. When done correctly, Electra's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Electra.

Electra Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Electra is not an exception. The market had few large corrections towards the Electra'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 Electra, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electra within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite0.53
σ
Overall volatility
7,944
Ir
Information ratio -0.01

Electra 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 Electra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electra can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Electra has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Electra has accumulated about 428.11 M in cash with (223.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 118.47.
Roughly 48.0% of the company shares are held by company insiders

Electra 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 Electra Stock often depends not only on the future outlook of the current and potential Electra'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. Electra's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.8 M

Electra Technical Analysis

Electra's future price can be derived by breaking down and analyzing its technical indicators over time. Electra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electra. In general, you should focus on analyzing Electra Stock price patterns and their correlations with different microeconomic environments and drivers.

Electra Predictive Forecast Models

Electra's time-series forecasting models is one of many Electra'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 Electra'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 Electra

Checking the ongoing alerts about Electra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electra help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Electra has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Electra has accumulated about 428.11 M in cash with (223.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 118.47.
Roughly 48.0% of the company shares are held by company insiders
Check out Electra Backtesting, Electra Valuation, Electra Correlation, Electra Hype Analysis, Electra Volatility, Electra History as well as Electra Performance.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Electra Stock analysis

When running Electra's price analysis, check to measure Electra'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 Electra is operating at the current time. Most of Electra's value examination focuses on studying past and present price action to predict the probability of Electra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra's price. Additionally, you may evaluate how the addition of Electra to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Electra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.