eHi Car Probability of Target Price Finishing Over Current Price

EHIC -- USA Stock  

USD 12.19  0.02  0.16%

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 Investing Opportunities.
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
 12.19 30 days 12.19  ABOUT 27.7%
Based on normal probability distribution, the odds of eHi Car to move above current price in 30 days from now is about 27.7% (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 0.0654 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. eHi Car Services is significantly underperforming DOW.
 eHi Car Price Density 
Alpha over DOW
Beta against DOW=0.07
Overall volatility
Information ratio =0.0013

eHi Car Alerts and Suggestions

eHi Car Services is not yet fully synchronised with the market data
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 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 70.0% of eHi Car shares are held by institutions such as insurance companies

eHi CarPrice Density Drivers

Average Daily Volume Last 10 Day661.3k
Average Daily Volume In Three Month751.59k