Edwards Lifesciences (Germany) Probability of Future Stock Price Finishing Over 66.4
EWL Stock | EUR 69.61 2.25 3.34% |
Edwards |
Edwards Lifesciences Target Price Odds to finish over 66.4
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 66.40 in 90 days |
69.61 | 90 days | 66.40 | about 14.21 |
Based on a normal probability distribution, the odds of Edwards Lifesciences to stay above 66.40 in 90 days from now is about 14.21 (This Edwards Lifesciences probability density function shows the probability of Edwards Stock to fall within a particular range of prices over 90 days) . Probability of Edwards Lifesciences price to stay between 66.40 and its current price of 69.61 at the end of the 90-day period is about 12.44 .
Assuming the 90 days horizon Edwards Lifesciences has a beta of 0.0734 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 will be expected to be much smaller as well. Additionally Edwards Lifesciences has an alpha of 0.2447, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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. 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.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, 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 | 0.24 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 3.11 | |
Ir | Information ratio | 0.08 |
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 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 87.0% of the company shares are held by institutions such as insurance companies |
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 | 608.3 M |
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. 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
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 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 87.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Edwards Stock
Edwards Lifesciences financial ratios help investors to determine whether Edwards 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 Edwards with respect to the benefits of owning Edwards Lifesciences security.