eHi Car Probability of Target Price Finishing Over Current Price

EHIC -- USA Stock  

USD 10.00  0.33  3.19%

eHi Car probability of target price tool provides mechanism to make assumptions about upside and downside potential of eHi Car Services Limited performance during a given time horizon utilizing its historical volatility. Please specify eHi Car time horizon, a valid symbol (red box) and a target price (blue box) you would like eHi Car odds to be computed. Additionally see eHi Car Backtesting, eHi Car Valuation, eHi Car Correlation, eHi Car Hype Analysis, eHi Car Volatility, eHi Car History as well as eHi Car Performance.
Horizon     30 Days    Login   to change
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eHi Car Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 10.00 30 days 10.00  CLOSE TO 99%
Based on normal probability distribution, the odds of eHi Car to move above current price in 30 days from now is close to 99% (This eHi Car Services Limited probability density function shows the probability of eHi Car Stock to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, eHi Car Services Limited has beta of -0.1978 suggesting as returns on benchmark increase, returns on holding eHi Car are expected to decrease at a much smaller rate. During bear market, however, eHi Car Services Limited is likely to outperform the market. Additionally eHi Car Services Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 eHi Car Price Density 
      Price 
α
Alpha over DOW
=0.37
β
Beta against DOW=0.2
σ
Overall volatility
=0.51
Ir
Information ratio =0.08

eHi Car Alerts

eHi Car Alerts and Suggestions

eHi Car Services generates negative expected return over the last 30 days
eHi Car Services has high likelihood to experience some financial distress in the next 2 years
eHi Car Services has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company currently holds 853.4 M in liabilities with Debt to Equity (D/E) ratio of 133.4 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. eHi Car Services Limited has Current Ratio of 0.88 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
Latest headline from thewellesleysnews.com: Analyzing Analyst Recommendations eHi Car Services Limited , InnerWorkings, Inc.

Price Density Drivers

eHi Car Health Indicators

Shares Percent Shares Out1.01%
Float Shares27.31M
Average Daily Volume Last 10 Day67.34k
Shares Short Prior Month674.25k
Average Daily Volume In Three Month84.19k
Date Short InterestOctober 15, 2018
Additionally see eHi Car Backtesting, eHi Car Valuation, eHi Car Correlation, eHi Car Hype Analysis, eHi Car Volatility, eHi Car History as well as eHi Car Performance. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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