East Side Games Stock Probability of Future Stock Price Finishing Under 0.64
| EAGR Stock | 0.60 0.03 5.26% |
East |
East Side Target Price Odds to finish below 0.64
The tendency of East 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 stay under 0.64 after 90 days |
| 0.60 | 90 days | 0.64 | nearly 4.05 |
Based on a normal probability distribution, the odds of East Side to stay under 0.64 after 90 days from now is nearly 4.05 (This East Side Games probability density function shows the probability of East Stock to fall within a particular range of prices over 90 days) . Probability of East Side Games price to stay between its current price of 0.60 and 0.64 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon East Side has a beta of 0.0445 suggesting as returns on the market go up, East Side average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding East Side Games will be expected to be much smaller as well. Additionally East Side Games has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. East Side Price Density |
| Price |
Predictive Modules for East Side
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as East Side Games. 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.East Side Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East Side is not an exception. The market had few large corrections towards the East Side'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 East Side Games, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East Side within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.13 |
East Side 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 East Side for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for East Side Games can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| East Side Games generated a negative expected return over the last 90 days | |
| East Side Games has some characteristics of a very speculative penny stock | |
| East Side Games has high historical volatility and very poor performance | |
| About 61.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: East Side Games Group Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... By GuruFocus - Investing.com Canada |
East Side 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 East Stock often depends not only on the future outlook of the current and potential East Side'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. East Side's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 81.5 M | |
| Cash And Short Term Investments | 5.2 M |
East Side Technical Analysis
East Side's future price can be derived by breaking down and analyzing its technical indicators over time. East Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of East Side Games. In general, you should focus on analyzing East Stock price patterns and their correlations with different microeconomic environments and drivers.
East Side Predictive Forecast Models
East Side's time-series forecasting models is one of many East Side'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 East Side'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 East Side Games
Checking the ongoing alerts about East Side for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for East Side Games help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| East Side Games generated a negative expected return over the last 90 days | |
| East Side Games has some characteristics of a very speculative penny stock | |
| East Side Games has high historical volatility and very poor performance | |
| About 61.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: East Side Games Group Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... By GuruFocus - Investing.com Canada |
Other Information on Investing in East Stock
East Side financial ratios help investors to determine whether East Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in East with respect to the benefits of owning East Side security.