Equity Commonwealth Stock Probability of Future Stock Price Finishing Over 20.68
| EQC Stock | USD 20.34 0.09 0.44% |
Equity |
Equity Commonwealth Target Price Odds to finish over 20.68
The tendency of Equity 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 $ 20.68 or more in 90 days |
| 20.34 | 90 days | 20.68 | near 1 |
Based on a normal probability distribution, the odds of Equity Commonwealth to move over $ 20.68 or more in 90 days from now is near 1 (This Equity Commonwealth probability density function shows the probability of Equity Stock to fall within a particular range of prices over 90 days) . Probability of Equity Commonwealth price to stay between its current price of $ 20.34 and $ 20.68 at the end of the 90-day period is nearly 4.73 .
Considering the 90-day investment horizon Equity Commonwealth has a beta of 0.11 suggesting as returns on the market go up, Equity Commonwealth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equity Commonwealth will be expected to be much smaller as well. Additionally Equity Commonwealth 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. Equity Commonwealth Price Density |
| Price |
Predictive Modules for Equity Commonwealth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equity Commonwealth. 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.Equity Commonwealth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equity Commonwealth is not an exception. The market had few large corrections towards the Equity Commonwealth'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 Equity Commonwealth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equity Commonwealth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.24 |
Equity Commonwealth 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 Equity Commonwealth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equity Commonwealth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Equity Commonwealth has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Equity Commonwealth Completes Sale of 1250 H Street |
Equity Commonwealth 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 Equity Stock often depends not only on the future outlook of the current and potential Equity Commonwealth'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. Equity Commonwealth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.2 M | |
| Cash And Short Term Investments | 2.2 B |
Equity Commonwealth Technical Analysis
Equity Commonwealth's future price can be derived by breaking down and analyzing its technical indicators over time. Equity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equity Commonwealth. In general, you should focus on analyzing Equity Stock price patterns and their correlations with different microeconomic environments and drivers.
Equity Commonwealth Predictive Forecast Models
Equity Commonwealth's time-series forecasting models is one of many Equity Commonwealth'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 Equity Commonwealth'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 Equity Commonwealth
Checking the ongoing alerts about Equity Commonwealth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equity Commonwealth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Equity Commonwealth has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Equity Commonwealth Completes Sale of 1250 H Street |
Check out Equity Commonwealth Backtesting, Equity Commonwealth Valuation, Equity Commonwealth Correlation, Equity Commonwealth Hype Analysis, Equity Commonwealth Volatility, Equity Commonwealth History as well as Equity Commonwealth Performance. For information on how to trade Equity Stock refer to our How to Trade Equity Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Commonwealth. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Commonwealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share 0.38 | Revenue Per Share 0.545 | Quarterly Revenue Growth (0.08) | Return On Assets (0.01) |
The market value of Equity Commonwealth is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is Equity Commonwealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Commonwealth's market value can be influenced by many factors that don't directly affect Equity Commonwealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Commonwealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.