East West (Philippines) Probability of Future Stock Price Finishing Under 8.48
| EW Stock | 9.76 0.02 0.21% |
East |
East West Target Price Odds to finish below 8.48
The tendency of East 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 8.48 or more in 90 days |
| 9.76 | 90 days | 8.48 | near 1 |
Based on a normal probability distribution, the odds of East West to drop to 8.48 or more in 90 days from now is near 1 (This East West Banking probability density function shows the probability of East Stock to fall within a particular range of prices over 90 days) . Probability of East West Banking price to stay between 8.48 and its current price of 9.76 at the end of the 90-day period is about 64.44 .
Assuming the 90 days trading horizon East West Banking has a beta of -0.31 suggesting as returns on the benchmark increase, returns on holding East West are expected to decrease at a much lower rate. During a bear market, however, East West Banking is likely to outperform the market. Additionally East West Banking has an alpha of 0.1502, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). East West Price Density |
| Price |
Predictive Modules for East West
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as East West Banking. 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.East West Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East West is not an exception. The market had few large corrections towards the East West'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 East West Banking, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East West within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.0068 |
East West 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 East Stock often depends not only on the future outlook of the current and potential East West'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. East West's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
East West Technical Analysis
East West's future price can be derived by breaking down and analyzing its technical indicators over time. East Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of East West Banking. In general, you should focus on analyzing East Stock price patterns and their correlations with different microeconomic environments and drivers.
East West Predictive Forecast Models
East West's time-series forecasting models is one of many East West'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 East West'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards East West in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, East West's short interest history, or implied volatility extrapolated from East West options trading.
Other Information on Investing in East Stock
East West financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East West security.