Eik Fasteignaflag (Iceland) Probability of Future Stock Price Finishing Over 14.46
| EIK Stock | ISK 13.00 0.10 0.76% |
Eik |
Eik Fasteignaflag Target Price Odds to finish over 14.46
The tendency of Eik 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 14.46 or more in 90 days |
| 13.00 | 90 days | 14.46 | about 1.9 |
Based on a normal probability distribution, the odds of Eik Fasteignaflag to move over 14.46 or more in 90 days from now is about 1.9 (This Eik fasteignaflag hf probability density function shows the probability of Eik Stock to fall within a particular range of prices over 90 days) . Probability of Eik fasteignaflag price to stay between its current price of 13.00 and 14.46 at the end of the 90-day period is about 22.36 .
Assuming the 90 days trading horizon Eik fasteignaflag hf has a beta of -0.57 suggesting as returns on the benchmark increase, returns on holding Eik Fasteignaflag are expected to decrease at a much lower rate. During a bear market, however, Eik fasteignaflag hf is likely to outperform the market. Additionally Eik fasteignaflag hf has an alpha of 0.3094, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eik Fasteignaflag Price Density |
| Price |
Predictive Modules for Eik Fasteignaflag
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eik fasteignaflag. 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.Eik Fasteignaflag Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eik Fasteignaflag is not an exception. The market had few large corrections towards the Eik Fasteignaflag'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 Eik fasteignaflag hf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eik Fasteignaflag within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.57 | |
σ | Overall volatility | 1.06 | |
Ir | Information ratio | 0.08 |
Eik Fasteignaflag 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 Eik Fasteignaflag for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eik fasteignaflag can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eik fasteignaflag has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eik fasteignaflag hf has accumulated 60.06 B in total debt with debt to equity ratio (D/E) of 197.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eik fasteignaflag has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Eik Fasteignaflag until it has trouble settling it off, either with new capital or with free cash flow. So, Eik Fasteignaflag's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eik fasteignaflag sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eik to invest in growth at high rates of return. When we think about Eik Fasteignaflag's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Eik Fasteignaflag shares are held by institutions such as insurance companies |
Eik Fasteignaflag 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 Eik Stock often depends not only on the future outlook of the current and potential Eik Fasteignaflag'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. Eik Fasteignaflag's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B |
Eik Fasteignaflag Technical Analysis
Eik Fasteignaflag's future price can be derived by breaking down and analyzing its technical indicators over time. Eik Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eik fasteignaflag hf. In general, you should focus on analyzing Eik Stock price patterns and their correlations with different microeconomic environments and drivers.
Eik Fasteignaflag Predictive Forecast Models
Eik Fasteignaflag's time-series forecasting models is one of many Eik Fasteignaflag'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 Eik Fasteignaflag'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 Eik fasteignaflag
Checking the ongoing alerts about Eik Fasteignaflag for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eik fasteignaflag help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eik fasteignaflag has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eik fasteignaflag hf has accumulated 60.06 B in total debt with debt to equity ratio (D/E) of 197.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eik fasteignaflag has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Eik Fasteignaflag until it has trouble settling it off, either with new capital or with free cash flow. So, Eik Fasteignaflag's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eik fasteignaflag sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eik to invest in growth at high rates of return. When we think about Eik Fasteignaflag's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Eik Fasteignaflag shares are held by institutions such as insurance companies |
Other Information on Investing in Eik Stock
Eik Fasteignaflag financial ratios help investors to determine whether Eik 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 Eik with respect to the benefits of owning Eik Fasteignaflag security.