El Mor (Israel) Chance of Future Stock Price Finishing Under 551.2
| ELMR Stock | 1,062 7.00 0.66% |
ELMR |
El Mor Target Price Odds to finish below 551.2
The tendency of ELMR 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 drop to 551.20 or more in 90 days |
| 1,062 | 90 days | 551.20 | near 1 |
Based on a normal probability distribution, the odds of El Mor to drop to 551.20 or more in 90 days from now is near 1 (This El Mor Electric Installation probability density function shows the probability of ELMR Stock to fall within a particular range of prices over 90 days) . Probability of El Mor Electric price to stay between 551.20 and its current price of 1062.0 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon El Mor has a beta of 0.51 suggesting as returns on the market go up, El Mor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding El Mor Electric Installation will be expected to be much smaller as well. Additionally El Mor Electric Installation has an alpha of 0.1405, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). El Mor Price Density |
| Price |
Predictive Modules for El Mor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as El Mor Electric. 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 El Mor's 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.
El Mor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. El Mor is not an exception. The market had few large corrections towards the El Mor's 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 El Mor Electric Installation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of El Mor within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.14 | |
β | Beta against NYSE Composite | 0.51 | |
σ | Overall volatility | 33.57 | |
Ir | Information ratio | 0.06 |
El Mor 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 El Mor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for El Mor Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 70.0% of the company shares are held by company insiders |
El Mor Technical Analysis
El Mor's future price can be derived by breaking down and analyzing its technical indicators over time. ELMR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of El Mor Electric Installation. In general, you should focus on analyzing ELMR Stock price patterns and their correlations with different microeconomic environments and drivers.
El Mor Predictive Forecast Models
El Mor's time-series forecasting models is one of many El Mor's 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 El Mor's 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 El Mor Electric
Checking the ongoing alerts about El Mor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for El Mor Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 70.0% of the company shares are held by company insiders |
Check out El Mor Backtesting, El Mor Valuation, El Mor Correlation, El Mor Hype Analysis, El Mor Volatility, El Mor History as well as El Mor Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for ELMR Stock analysis
When running El Mor's price analysis, check to measure El Mor's 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 El Mor is operating at the current time. Most of El Mor's value examination focuses on studying past and present price action to predict the probability of El Mor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move El Mor's price. Additionally, you may evaluate how the addition of El Mor to your portfolios can decrease your overall portfolio volatility.
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