eHi Car Probability of Target Price Finishing Over Current Price

EHIC -- USA Stock  

USD 10.00  0.49  5.15%

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  ABOUT 73.1%
Based on normal probability distribution, the odds of eHi Car to move above current price in 30 days from now is about 73.1% (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 0.0749 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 
      Price 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.07
σ
Overall volatility
=0.36
Ir
Information ratio =0.004272

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 financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company currently holds 905.61M in liabilities with Debt to Equity (D/E) ratio of 142.7 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. eHi Car Services has Current Ratio of 0.84 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
About 26.0% of eHi Car Services shares are held by company insiders

Price Density Drivers

eHi Car Health Indicators

Shares Percent Shares Out1.01%
Float Shares27.31M
Average Daily Volume Last 10 Day71.47k
Shares Short Prior Month673.31k
Average Daily Volume In Three Month83.85k
Date Short InterestDecember 31, 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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