Eagle Point Credit Stock Probability of Future Stock Price Finishing Under 24.36
| ECCX Stock | USD 24.76 0.14 0.56% |
Eagle |
Eagle Point Target Price Odds to finish below 24.36
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 drop to $ 24.36 or more in 90 days |
| 24.76 | 90 days | 24.36 | near 1 |
Based on a normal probability distribution, the odds of Eagle Point to drop to $ 24.36 or more in 90 days from now is near 1 (This Eagle Point Credit probability density function shows the probability of Eagle Stock to fall within a particular range of prices over 90 days) . Probability of Eagle Point Credit price to stay between $ 24.36 and its current price of $24.76 at the end of the 90-day period is about 60.69 .
Given the investment horizon of 90 days Eagle Point Credit has a beta of -0.0286 suggesting as returns on the benchmark increase, returns on holding Eagle Point are expected to decrease at a much lower rate. During a bear market, however, Eagle Point Credit is likely to outperform the market. Additionally Eagle Point Credit has an alpha of 0.0275, implying that it can generate a 0.0275 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eagle Point Price Density |
| Price |
Predictive Modules for Eagle Point
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 Point Credit. 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 Eagle Point'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.
Eagle Point Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eagle Point is not an exception. The market had few large corrections towards the Eagle Point'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 Eagle Point Credit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eagle Point within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.19 |
Eagle Point 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 Point for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eagle Point Credit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eagle Point Credit currently holds about 19.69 M in cash with (61.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92. | |
| Eagle Point Credit has a poor financial position based on the latest SEC disclosures | |
| On 30th of September 2024 Eagle Point paid $ 0.418 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Eagle Point Credit Q3 net investment income tops consensus effective yield, NAV decline - MSN |
Eagle Point 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 Point'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. Eagle Point's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.097 |
Eagle Point Technical Analysis
Eagle Point's 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 Point Credit. In general, you should focus on analyzing Eagle Stock price patterns and their correlations with different microeconomic environments and drivers.
Eagle Point Predictive Forecast Models
Eagle Point's time-series forecasting models is one of many Eagle Point'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 Eagle Point'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 Eagle Point Credit
Checking the ongoing alerts about Eagle Point for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagle Point Credit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eagle Point Credit currently holds about 19.69 M in cash with (61.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92. | |
| Eagle Point Credit has a poor financial position based on the latest SEC disclosures | |
| On 30th of September 2024 Eagle Point paid $ 0.418 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Eagle Point Credit Q3 net investment income tops consensus effective yield, NAV decline - MSN |
Additional Tools for Eagle Stock Analysis
When running Eagle Point's price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.