Elbit Imaging (Israel) Probability of Future Stock Price Finishing Over 762.8
| EMITF Stock | ILS 353.00 2.60 0.73% |
Elbit |
Elbit Imaging Target Price Odds to finish over 762.8
The tendency of Elbit 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 move over S 762.80 or more in 90 days |
| 353.00 | 90 days | 762.80 | close to zero percent |
Based on a normal probability distribution, the odds of Elbit Imaging to move over S 762.80 or more in 90 days from now is close to zero percent (This Elbit Imaging probability density function shows the probability of Elbit Stock to fall within a particular range of prices over 90 days) . Probability of Elbit Imaging price to stay between its current price of S 353.00 and S 762.80 at the end of the 90-day period is about 90.9 .
Assuming the 90 days trading horizon Elbit Imaging has a beta of -0.57 suggesting as returns on the benchmark increase, returns on holding Elbit Imaging are expected to decrease at a much lower rate. During a bear market, however, Elbit Imaging is likely to outperform the market. Additionally Elbit Imaging has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Elbit Imaging Price Density |
| Price |
Predictive Modules for Elbit Imaging
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elbit Imaging. 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 Elbit Imaging'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.
Elbit Imaging Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elbit Imaging is not an exception. The market had few large corrections towards the Elbit Imaging'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 Elbit Imaging, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elbit Imaging within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.57 | |
σ | Overall volatility | 30.86 | |
Ir | Information ratio | -0.06 |
Elbit Imaging 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 Elbit Imaging for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elbit Imaging can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elbit Imaging generated a negative expected return over the last 90 days | |
| The company has accumulated 280.59 M in total debt. Elbit Imaging has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elbit Imaging until it has trouble settling it off, either with new capital or with free cash flow. So, Elbit Imaging's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elbit Imaging sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elbit to invest in growth at high rates of return. When we think about Elbit Imaging's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (20.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elbit Imaging has accumulated about 42.11 M in cash with (3.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.58. | |
| Roughly 29.0% of the company shares are held by company insiders |
Elbit Imaging Technical Analysis
Elbit Imaging's future price can be derived by breaking down and analyzing its technical indicators over time. Elbit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elbit Imaging. In general, you should focus on analyzing Elbit Stock price patterns and their correlations with different microeconomic environments and drivers.
Elbit Imaging Predictive Forecast Models
Elbit Imaging's time-series forecasting models is one of many Elbit Imaging'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 Elbit Imaging'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 Elbit Imaging
Checking the ongoing alerts about Elbit Imaging for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elbit Imaging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elbit Imaging generated a negative expected return over the last 90 days | |
| The company has accumulated 280.59 M in total debt. Elbit Imaging has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elbit Imaging until it has trouble settling it off, either with new capital or with free cash flow. So, Elbit Imaging's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elbit Imaging sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elbit to invest in growth at high rates of return. When we think about Elbit Imaging's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (20.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elbit Imaging has accumulated about 42.11 M in cash with (3.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.58. | |
| Roughly 29.0% of the company shares are held by company insiders |
Check out Elbit Imaging Backtesting, Elbit Imaging Valuation, Elbit Imaging Correlation, Elbit Imaging Hype Analysis, Elbit Imaging Volatility, Elbit Imaging History as well as Elbit Imaging Performance. Note that the Elbit Imaging information on this page should be used as a complementary analysis to other Elbit Imaging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Elbit Stock analysis
When running Elbit Imaging's price analysis, check to measure Elbit Imaging'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 Elbit Imaging is operating at the current time. Most of Elbit Imaging's value examination focuses on studying past and present price action to predict the probability of Elbit Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Imaging's price. Additionally, you may evaluate how the addition of Elbit Imaging to your portfolios can decrease your overall portfolio volatility.
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