Euda Health Holdings Stock Probability of Future Stock Price Finishing Under 4.53
| EUDA Stock | 4.53 0.14 3.00% |
EUDA |
EUDA Health Target Price Odds to finish below 4.53
The tendency of EUDA 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 below current price in 90 days |
| 4.53 | 90 days | 4.53 | about 82.92 |
Based on a normal probability distribution, the odds of EUDA Health to move below current price in 90 days from now is about 82.92 (This EUDA Health Holdings probability density function shows the probability of EUDA Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days EUDA Health has a beta of 0.6 suggesting as returns on the market go up, EUDA Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EUDA Health Holdings will be expected to be much smaller as well. Additionally EUDA Health Holdings has an alpha of 0.0913, implying that it can generate a 0.0913 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EUDA Health Price Density |
| Price |
Predictive Modules for EUDA Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EUDA Health Holdings. 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 EUDA Health'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.
EUDA Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EUDA Health is not an exception. The market had few large corrections towards the EUDA Health'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 EUDA Health Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EUDA Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | 0.01 |
EUDA Health 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 EUDA Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EUDA Health Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EUDA Health Holdings had very high historical volatility over the last 90 days | |
| EUDA Health Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.71 M. Net Loss for the year was (8.43 M) with profit before overhead, payroll, taxes, and interest of 3.35 M. | |
| EUDA Health generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders |
EUDA Health 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 EUDA Stock often depends not only on the future outlook of the current and potential EUDA Health'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. EUDA Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.9 M | |
| Cash And Short Term Investments | 189 K |
EUDA Health Technical Analysis
EUDA Health's future price can be derived by breaking down and analyzing its technical indicators over time. EUDA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EUDA Health Holdings. In general, you should focus on analyzing EUDA Stock price patterns and their correlations with different microeconomic environments and drivers.
EUDA Health Predictive Forecast Models
EUDA Health's time-series forecasting models is one of many EUDA Health'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 EUDA Health'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 EUDA Health Holdings
Checking the ongoing alerts about EUDA Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EUDA Health Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EUDA Health Holdings had very high historical volatility over the last 90 days | |
| EUDA Health Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.71 M. Net Loss for the year was (8.43 M) with profit before overhead, payroll, taxes, and interest of 3.35 M. | |
| EUDA Health generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders |
Check out EUDA Health Backtesting, EUDA Health Valuation, EUDA Health Correlation, EUDA Health Hype Analysis, EUDA Health Volatility, EUDA Health History as well as EUDA Health Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Health Care Equipment & Supplies 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 EUDA Health. If investors know EUDA 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 EUDA Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Revenue Per Share 0.144 | Quarterly Revenue Growth (0.14) | Return On Assets (0.86) |
The market value of EUDA Health Holdings is measured differently than its book value, which is the value of EUDA that is recorded on the company's balance sheet. Investors also form their own opinion of EUDA Health's value that differs from its market value or its book value, called intrinsic value, which is EUDA Health'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 EUDA Health's market value can be influenced by many factors that don't directly affect EUDA Health'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 EUDA Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if EUDA Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EUDA Health'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.