Essilorluxottica Socit Anonyme Stock Probability of Future Pink Sheet Price Finishing Over 140.75
| ESLOF Stock | USD 219.75 5.05 2.35% |
EssilorLuxottica |
EssilorLuxottica Target Price Odds to finish over 140.75
The tendency of EssilorLuxottica Pink Sheet 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 above $ 140.75 in 90 days |
| 219.75 | 90 days | 140.75 | close to 99 |
Based on a normal probability distribution, the odds of EssilorLuxottica to stay above $ 140.75 in 90 days from now is close to 99 (This EssilorLuxottica Socit anonyme probability density function shows the probability of EssilorLuxottica Pink Sheet to fall within a particular range of prices over 90 days) . Probability of EssilorLuxottica Socit price to stay between $ 140.75 and its current price of $219.75 at the end of the 90-day period is about 73.17 .
Assuming the 90 days horizon EssilorLuxottica has a beta of 0.97 suggesting EssilorLuxottica Socit anonyme market returns are reactive to returns on the market. As the market goes up or down, EssilorLuxottica is expected to follow. Additionally EssilorLuxottica Socit anonyme has an alpha of 0.1191, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). EssilorLuxottica Price Density |
| Price |
Predictive Modules for EssilorLuxottica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EssilorLuxottica Socit. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 EssilorLuxottica'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.
EssilorLuxottica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EssilorLuxottica is not an exception. The market had few large corrections towards the EssilorLuxottica'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 EssilorLuxottica Socit anonyme, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EssilorLuxottica within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | 0.97 | |
σ | Overall volatility | 12.28 | |
Ir | Information ratio | 0.08 |
EssilorLuxottica 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 EssilorLuxottica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EssilorLuxottica Socit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 8.91 B in total debt with debt to equity ratio (D/E) of 0.37, which is about average as compared to similar companies. EssilorLuxottica Socit has a current ratio of 0.93, 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 EssilorLuxottica until it has trouble settling it off, either with new capital or with free cash flow. So, EssilorLuxottica'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 EssilorLuxottica Socit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EssilorLuxottica to invest in growth at high rates of return. When we think about EssilorLuxottica's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of EssilorLuxottica shares are held by company insiders |
EssilorLuxottica 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 EssilorLuxottica Pink Sheet often depends not only on the future outlook of the current and potential EssilorLuxottica'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. EssilorLuxottica's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 441.1 M |
EssilorLuxottica Technical Analysis
EssilorLuxottica's future price can be derived by breaking down and analyzing its technical indicators over time. EssilorLuxottica Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EssilorLuxottica Socit anonyme. In general, you should focus on analyzing EssilorLuxottica Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
EssilorLuxottica Predictive Forecast Models
EssilorLuxottica's time-series forecasting models is one of many EssilorLuxottica's pink sheet 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 EssilorLuxottica'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 pink sheet market movement and maximize returns from investment trading.
Things to note about EssilorLuxottica Socit
Checking the ongoing alerts about EssilorLuxottica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EssilorLuxottica Socit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 8.91 B in total debt with debt to equity ratio (D/E) of 0.37, which is about average as compared to similar companies. EssilorLuxottica Socit has a current ratio of 0.93, 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 EssilorLuxottica until it has trouble settling it off, either with new capital or with free cash flow. So, EssilorLuxottica'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 EssilorLuxottica Socit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EssilorLuxottica to invest in growth at high rates of return. When we think about EssilorLuxottica's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of EssilorLuxottica shares are held by company insiders |
Check out EssilorLuxottica Backtesting, EssilorLuxottica Valuation, EssilorLuxottica Correlation, EssilorLuxottica Hype Analysis, EssilorLuxottica Volatility, EssilorLuxottica History as well as EssilorLuxottica Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for EssilorLuxottica Pink Sheet analysis
When running EssilorLuxottica's price analysis, check to measure EssilorLuxottica'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 EssilorLuxottica is operating at the current time. Most of EssilorLuxottica's value examination focuses on studying past and present price action to predict the probability of EssilorLuxottica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EssilorLuxottica's price. Additionally, you may evaluate how the addition of EssilorLuxottica to your portfolios can decrease your overall portfolio volatility.
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