Eucatex SA (Brazil) Probability of Future Preferred Stock Price Finishing Under 13.84
| EUCA4 Preferred Stock | BRL 14.03 0.11 0.79% |
Eucatex |
Eucatex SA Target Price Odds to finish below 13.84
The tendency of Eucatex Preferred 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 R$ 13.84 or more in 90 days |
| 14.03 | 90 days | 13.84 | about 5.9 |
Based on a normal probability distribution, the odds of Eucatex SA to drop to R$ 13.84 or more in 90 days from now is about 5.9 (This Eucatex SA Indstria probability density function shows the probability of Eucatex Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Eucatex SA Indstria price to stay between R$ 13.84 and its current price of R$14.03 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Eucatex SA Indstria has a beta of -0.0218 suggesting as returns on the benchmark increase, returns on holding Eucatex SA are expected to decrease at a much lower rate. During a bear market, however, Eucatex SA Indstria is likely to outperform the market. Additionally Eucatex SA Indstria 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. Eucatex SA Price Density |
| Price |
Predictive Modules for Eucatex SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eucatex SA Indstria. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Eucatex SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eucatex SA is not an exception. The market had few large corrections towards the Eucatex SA'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 Eucatex SA Indstria, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eucatex SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.18 |
Eucatex SA 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 Eucatex SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eucatex SA Indstria can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eucatex SA Indstria generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are held by company insiders |
Eucatex SA 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 Eucatex Preferred Stock often depends not only on the future outlook of the current and potential Eucatex SA'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. Eucatex SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 92.1 M | |
| Cash And Short Term Investments | 141.1 M |
Eucatex SA Technical Analysis
Eucatex SA's future price can be derived by breaking down and analyzing its technical indicators over time. Eucatex Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eucatex SA Indstria. In general, you should focus on analyzing Eucatex Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Eucatex SA Predictive Forecast Models
Eucatex SA's time-series forecasting models is one of many Eucatex SA's preferred 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 Eucatex SA'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Eucatex SA Indstria
Checking the ongoing alerts about Eucatex SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eucatex SA Indstria help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eucatex SA Indstria generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are held by company insiders |
Additional Tools for Eucatex Preferred Stock Analysis
When running Eucatex SA's price analysis, check to measure Eucatex SA'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 Eucatex SA is operating at the current time. Most of Eucatex SA's value examination focuses on studying past and present price action to predict the probability of Eucatex SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eucatex SA's price. Additionally, you may evaluate how the addition of Eucatex SA to your portfolios can decrease your overall portfolio volatility.