Eagle Materials (Germany) Probability of Future Stock Price Finishing Over 296.17
| E5M Stock | EUR 296.00 2.00 0.67% |
Eagle |
Eagle Materials Target Price Odds to finish over 296.17
The tendency of Eagle 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 € 296.17 or more in 90 days |
| 296.00 | 90 days | 296.17 | nearly 4.61 |
Based on a normal probability distribution, the odds of Eagle Materials to move over € 296.17 or more in 90 days from now is nearly 4.61 (This Eagle Materials probability density function shows the probability of Eagle Stock to fall within a particular range of prices over 90 days) . Probability of Eagle Materials price to stay between its current price of € 296.00 and € 296.17 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Eagle Materials has a beta of 0.23 suggesting as returns on the market go up, Eagle Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eagle Materials will be expected to be much smaller as well. Additionally Eagle Materials has an alpha of 0.3424, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eagle Materials Price Density |
| Price |
Predictive Modules for Eagle Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eagle Materials. 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.Eagle Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eagle Materials is not an exception. The market had few large corrections towards the Eagle Materials' 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 Eagle Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eagle Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 22.54 | |
Ir | Information ratio | 0.12 |
Eagle Materials 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 Eagle Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eagle Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 97.0% of the company shares are held by institutions such as insurance companies |
Eagle Materials 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 Eagle Stock often depends not only on the future outlook of the current and potential Eagle Materials' 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. Eagle Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.7 M |
Eagle Materials Technical Analysis
Eagle Materials' future price can be derived by breaking down and analyzing its technical indicators over time. Eagle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eagle Materials. In general, you should focus on analyzing Eagle Stock price patterns and their correlations with different microeconomic environments and drivers.
Eagle Materials Predictive Forecast Models
Eagle Materials' time-series forecasting models is one of many Eagle Materials' 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 Eagle Materials' 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 Eagle Materials
Checking the ongoing alerts about Eagle Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagle Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 97.0% of the company shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Eagle Stock
When determining whether Eagle Materials is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eagle Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eagle Materials Stock. Highlighted below are key reports to facilitate an investment decision about Eagle Materials Stock:Check out Eagle Materials Backtesting, Eagle Materials Valuation, Eagle Materials Correlation, Eagle Materials Hype Analysis, Eagle Materials Volatility, Eagle Materials History as well as Eagle Materials Performance. For more detail on how to invest in Eagle Stock please use our How to Invest in Eagle Materials guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.