eHi Car Probability of Target Price Finishing Over Current Price

EHIC -- USA Stock  

USD 11.38  0.23  1.98%

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
 11.38 30 days 11.38  ABOUT 62.77%
Based on normal probability distribution, the odds of eHi Car to move above current price in 30 days from now is about 62.77% (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 has beta of 0.1441 suggesting as returns on market go up, eHi Car average returns are expected to increase less than the benchmark. However during bear market, the loss on holding eHi Car Services Limited will be expected to be much smaller as well. 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.54
β
Beta against DOW=0.14
σ
Overall volatility
=0.90
Ir
Information ratio =0.21

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 historical volatility and very poor performance
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.
About 58.0% of eHi Car Services Limited shares are held by institutions such as insurance companies
Latest headline from thewellesleysnews.com: Investment Research Analysts Opinion Pacific Ethanol, Inc. , eHi Car Services Limited
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 Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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