Elbit Med (Israel) Probability of Future Stock Price Finishing Over 110.59
| EMTC Stock | ILS 15.60 1.70 9.83% |
Elbit |
Elbit Med Target Price Odds to finish over 110.59
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 110.59 or more in 90 days |
| 15.60 | 90 days | 110.59 | close to zero percent |
Based on a normal probability distribution, the odds of Elbit Med to move over S 110.59 or more in 90 days from now is close to zero percent (This Elbit Med Tech probability density function shows the probability of Elbit Stock to fall within a particular range of prices over 90 days) . Probability of Elbit Med Tech price to stay between its current price of S 15.60 and S 110.59 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.88 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Elbit Med will likely underperform. Additionally Elbit Med Tech 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 Med Price Density |
| Price |
Predictive Modules for Elbit Med
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 Med Tech. 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 Med'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 Med Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elbit Med is not an exception. The market had few large corrections towards the Elbit Med'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 Med Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elbit Med within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.88 | |
β | Beta against NYSE Composite | 2.88 | |
σ | Overall volatility | 5.02 | |
Ir | Information ratio | -0.1 |
Elbit Med 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 Med for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elbit Med Tech 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 Med Tech generated a negative expected return over the last 90 days | |
| Elbit Med Tech has high historical volatility and very poor performance | |
| Net Loss for the year was (15.52 M) with profit before overhead, payroll, taxes, and interest of 135.14 M. | |
| Elbit Med Tech has accumulated about 1.36 M in cash with (547 K) of positive cash flow from operations. | |
| Roughly 85.0% of the company shares are held by company insiders |
Elbit Med Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Elbit Stock often depends not only on the future outlook of the current and potential Elbit Med's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Elbit Med's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.2 M |
Elbit Med Technical Analysis
Elbit Med'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 Med Tech. In general, you should focus on analyzing Elbit Stock price patterns and their correlations with different microeconomic environments and drivers.
Elbit Med Predictive Forecast Models
Elbit Med's time-series forecasting models is one of many Elbit Med'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 Med'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 Med Tech
Checking the ongoing alerts about Elbit Med for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elbit Med Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elbit Med Tech generated a negative expected return over the last 90 days | |
| Elbit Med Tech has high historical volatility and very poor performance | |
| Net Loss for the year was (15.52 M) with profit before overhead, payroll, taxes, and interest of 135.14 M. | |
| Elbit Med Tech has accumulated about 1.36 M in cash with (547 K) of positive cash flow from operations. | |
| Roughly 85.0% of the company shares are held by company insiders |
Check out Elbit Med Backtesting, Elbit Med Valuation, Elbit Med Correlation, Elbit Med Hype Analysis, Elbit Med Volatility, Elbit Med History as well as Elbit Med Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Elbit Stock analysis
When running Elbit Med's price analysis, check to measure Elbit Med'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 Med is operating at the current time. Most of Elbit Med's value examination focuses on studying past and present price action to predict the probability of Elbit Med'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 Med's price. Additionally, you may evaluate how the addition of Elbit Med to your portfolios can decrease your overall portfolio volatility.
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