Echo Investment (Poland) Probability of Future Stock Price Finishing Over 4.43
| ECH Stock | 4.43 0.03 0.67% |
Echo |
Echo Investment Target Price Odds to finish over 4.43
The tendency of Echo 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 above the current price in 90 days |
| 4.43 | 90 days | 4.43 | about 26.6 |
Based on a normal probability distribution, the odds of Echo Investment to move above the current price in 90 days from now is about 26.6 (This Echo Investment SA probability density function shows the probability of Echo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Echo Investment has a beta of 0.21 suggesting as returns on the market go up, Echo Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Echo Investment SA will be expected to be much smaller as well. Additionally Echo Investment SA 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. Echo Investment Price Density |
| Price |
Predictive Modules for Echo Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Echo Investment SA. 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 Echo Investment'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.
Echo Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Echo Investment is not an exception. The market had few large corrections towards the Echo Investment'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 Echo Investment SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Echo Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0047 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.04 |
Echo Investment 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 Echo Stock often depends not only on the future outlook of the current and potential Echo Investment'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. Echo Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 412.7 M | |
| Cash And Short Term Investments | 588.7 M |
Echo Investment Technical Analysis
Echo Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Echo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Echo Investment SA. In general, you should focus on analyzing Echo Stock price patterns and their correlations with different microeconomic environments and drivers.
Echo Investment Predictive Forecast Models
Echo Investment's time-series forecasting models is one of many Echo Investment'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 Echo Investment'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Echo Investment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Echo Investment's short interest history, or implied volatility extrapolated from Echo Investment options trading.
Additional Tools for Echo Stock Analysis
When running Echo Investment's price analysis, check to measure Echo Investment'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 Echo Investment is operating at the current time. Most of Echo Investment's value examination focuses on studying past and present price action to predict the probability of Echo Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Echo Investment's price. Additionally, you may evaluate how the addition of Echo Investment to your portfolios can decrease your overall portfolio volatility.