Ethan Allen Interiors Stock Probability of Future Stock Price Finishing Over 30.75
| ETD Stock | USD 30.75 0.24 0.79% |
Ethan |
Ethan Allen Target Price Odds to finish over 30.75
The tendency of Ethan 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 |
| 30.75 | 90 days | 30.75 | about 21.03 |
Based on a normal probability distribution, the odds of Ethan Allen to move above the current price in 90 days from now is about 21.03 (This Ethan Allen Interiors probability density function shows the probability of Ethan Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.05 suggesting Ethan Allen Interiors market returns are highly-sensitive to returns on the market. As the market goes up or down, Ethan Allen is expected to follow. Additionally Ethan Allen Interiors 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. Ethan Allen Price Density |
| Price |
Predictive Modules for Ethan Allen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ethan Allen Interiors. 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 Ethan Allen'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.
Ethan Allen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ethan Allen is not an exception. The market had few large corrections towards the Ethan Allen'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 Ethan Allen Interiors, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ethan Allen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.07 |
Ethan Allen 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 Ethan Allen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ethan Allen Interiors can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of November 2024 Ethan Allen paid $ 0.39 per share dividend to its current shareholders | |
| Latest headline from kalkinemedia.com: US Dividend Stocks to Monitor in November 2024 |
Ethan Allen 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 Ethan Stock often depends not only on the future outlook of the current and potential Ethan Allen'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. Ethan Allen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.6 M | |
| Cash And Short Term Investments | 161 M |
Ethan Allen Technical Analysis
Ethan Allen's future price can be derived by breaking down and analyzing its technical indicators over time. Ethan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ethan Allen Interiors. In general, you should focus on analyzing Ethan Stock price patterns and their correlations with different microeconomic environments and drivers.
Ethan Allen Predictive Forecast Models
Ethan Allen's time-series forecasting models is one of many Ethan Allen'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 Ethan Allen'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 Ethan Allen Interiors
Checking the ongoing alerts about Ethan Allen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ethan Allen Interiors help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of November 2024 Ethan Allen paid $ 0.39 per share dividend to its current shareholders | |
| Latest headline from kalkinemedia.com: US Dividend Stocks to Monitor in November 2024 |
Check out Ethan Allen Backtesting, Ethan Allen Valuation, Ethan Allen Correlation, Ethan Allen Hype Analysis, Ethan Allen Volatility, Ethan Allen History as well as Ethan Allen Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Household Durables 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 Ethan Allen. If investors know Ethan 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 Ethan Allen 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 (0.02) | Dividend Share 1.5 | Earnings Share 2.48 | Revenue Per Share 24.932 | Quarterly Revenue Growth (0.06) |
The market value of Ethan Allen Interiors is measured differently than its book value, which is the value of Ethan that is recorded on the company's balance sheet. Investors also form their own opinion of Ethan Allen's value that differs from its market value or its book value, called intrinsic value, which is Ethan Allen'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 Ethan Allen's market value can be influenced by many factors that don't directly affect Ethan Allen'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 Ethan Allen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ethan Allen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ethan Allen'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.