Eutelsat Communications (France) Probability of Future Stock Price Finishing Under 17.69
| ETL Stock | EUR 3.86 0.10 2.66% |
Eutelsat |
Eutelsat Communications Target Price Odds to finish below 17.69
The tendency of Eutelsat 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 € 17.69 after 90 days |
| 3.86 | 90 days | 17.69 | close to 99 |
Based on a normal probability distribution, the odds of Eutelsat Communications to stay under € 17.69 after 90 days from now is close to 99 (This Eutelsat Communications SA probability density function shows the probability of Eutelsat Stock to fall within a particular range of prices over 90 days) . Probability of Eutelsat Communications price to stay between its current price of € 3.86 and € 17.69 at the end of the 90-day period is about 37.61 .
Assuming the 90 days trading horizon Eutelsat Communications has a beta of 0.0731 suggesting as returns on the market go up, Eutelsat Communications average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eutelsat Communications SA will be expected to be much smaller as well. Additionally Eutelsat Communications SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Eutelsat Communications Price Density |
| Price |
Predictive Modules for Eutelsat Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eutelsat Communications. 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 Eutelsat Communications' 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.
Eutelsat Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eutelsat Communications is not an exception. The market had few large corrections towards the Eutelsat Communications' 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 Eutelsat Communications SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eutelsat Communications within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.06 |
Eutelsat Communications 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 Eutelsat Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eutelsat Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eutelsat Communications generated a negative expected return over the last 90 days | |
| Eutelsat Communications has high historical volatility and very poor performance | |
| About 69.0% of the company shares are held by institutions such as insurance companies |
Eutelsat Communications 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 Eutelsat Stock often depends not only on the future outlook of the current and potential Eutelsat Communications' 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. Eutelsat Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 230.3 M | |
| Cash And Short Term Investments | 745.6 M |
Eutelsat Communications Technical Analysis
Eutelsat Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Eutelsat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eutelsat Communications SA. In general, you should focus on analyzing Eutelsat Stock price patterns and their correlations with different microeconomic environments and drivers.
Eutelsat Communications Predictive Forecast Models
Eutelsat Communications' time-series forecasting models is one of many Eutelsat Communications' 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 Eutelsat Communications' 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 Eutelsat Communications
Checking the ongoing alerts about Eutelsat Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eutelsat Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eutelsat Communications generated a negative expected return over the last 90 days | |
| Eutelsat Communications has high historical volatility and very poor performance | |
| About 69.0% of the company shares are held by institutions such as insurance companies |
Check out Eutelsat Communications Backtesting, Eutelsat Communications Valuation, Eutelsat Communications Correlation, Eutelsat Communications Hype Analysis, Eutelsat Communications Volatility, Eutelsat Communications History as well as Eutelsat Communications Performance. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Eutelsat Stock analysis
When running Eutelsat Communications' price analysis, check to measure Eutelsat Communications' 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 Eutelsat Communications is operating at the current time. Most of Eutelsat Communications' value examination focuses on studying past and present price action to predict the probability of Eutelsat Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eutelsat Communications' price. Additionally, you may evaluate how the addition of Eutelsat Communications to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |