Edwards Lifesciences Corp Stock Probability of Future Stock Price Finishing Over 70.43
EW Stock | USD 71.27 0.79 1.12% |
Edwards |
Edwards Lifesciences Target Price Odds to finish over 70.43
The tendency of Edwards 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 stay above $ 70.43 in 90 days |
71.27 | 90 days | 70.43 | about 7.34 |
Based on a normal probability distribution, the odds of Edwards Lifesciences to stay above $ 70.43 in 90 days from now is about 7.34 (This Edwards Lifesciences Corp probability density function shows the probability of Edwards Stock to fall within a particular range of prices over 90 days) . Probability of Edwards Lifesciences Corp price to stay between $ 70.43 and its current price of $71.27 at the end of the 90-day period is nearly 4.7 .
Allowing for the 90-day total investment horizon Edwards Lifesciences has a beta of 0.23 suggesting as returns on the market go up, Edwards Lifesciences average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edwards Lifesciences Corp will be expected to be much smaller as well. Additionally Edwards Lifesciences Corp 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. Edwards Lifesciences Price Density |
Price |
Predictive Modules for Edwards Lifesciences
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edwards Lifesciences Corp. 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 Edwards Lifesciences' 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.
Edwards Lifesciences Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edwards Lifesciences is not an exception. The market had few large corrections towards the Edwards Lifesciences' 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 Edwards Lifesciences Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edwards Lifesciences within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.07 |
Edwards Lifesciences 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 Edwards Lifesciences for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edwards Lifesciences Corp 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 86.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from gurufocus.com: Faruqi Faruqi Reminds Edwards Lifesciences Corporation Investors of the Pending Class ... |
Edwards Lifesciences 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 Edwards Stock often depends not only on the future outlook of the current and potential Edwards Lifesciences' 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. Edwards Lifesciences' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 609.4 M | |
Cash And Short Term Investments | 1.6 B |
Edwards Lifesciences Technical Analysis
Edwards Lifesciences' future price can be derived by breaking down and analyzing its technical indicators over time. Edwards Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edwards Lifesciences Corp. In general, you should focus on analyzing Edwards Stock price patterns and their correlations with different microeconomic environments and drivers.
Edwards Lifesciences Predictive Forecast Models
Edwards Lifesciences' time-series forecasting models is one of many Edwards Lifesciences' 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 Edwards Lifesciences' 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 Edwards Lifesciences Corp
Checking the ongoing alerts about Edwards Lifesciences for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edwards Lifesciences Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 86.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from gurufocus.com: Faruqi Faruqi Reminds Edwards Lifesciences Corporation Investors of the Pending Class ... |
Additional Tools for Edwards Stock Analysis
When running Edwards Lifesciences' price analysis, check to measure Edwards Lifesciences' 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 Edwards Lifesciences is operating at the current time. Most of Edwards Lifesciences' value examination focuses on studying past and present price action to predict the probability of Edwards Lifesciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edwards Lifesciences' price. Additionally, you may evaluate how the addition of Edwards Lifesciences to your portfolios can decrease your overall portfolio volatility.