EHEALTH (Germany) Odds of Future Stock Price Finishing Under 7.18
| M5V Stock | EUR 7.63 0.45 6.27% |
EHEALTH |
EHEALTH Target Price Odds to finish below 7.18
The tendency of EHEALTH 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 € 7.18 or more in 90 days |
| 7.63 | 90 days | 7.18 | close to 99 |
Based on a normal probability distribution, the odds of EHEALTH to drop to € 7.18 or more in 90 days from now is close to 99 (This EHEALTH probability density function shows the probability of EHEALTH Stock to fall within a particular range of prices over 90 days) . Probability of EHEALTH price to stay between € 7.18 and its current price of €7.63 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon EHEALTH has a beta of -2.59. This indicates as returns on its benchmark rise, returns on holding EHEALTH are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, EHEALTH is expected to outperform its benchmark. Moreover EHEALTH has an alpha of 1.3682, implying that it can generate a 1.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EHEALTH Price Density |
| Price |
Predictive Modules for EHEALTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EHEALTH. 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.EHEALTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EHEALTH is not an exception. The market had few large corrections towards the EHEALTH'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 EHEALTH, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EHEALTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.37 | |
β | Beta against Dow Jones | -2.59 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | 0.20 |
EHEALTH 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 EHEALTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EHEALTH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EHEALTH is way too risky over 90 days horizon | |
| EHEALTH appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 405.36 M. Net Loss for the year was (88.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EHEALTH generates negative cash flow from operations |
EHEALTH 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 EHEALTH Stock often depends not only on the future outlook of the current and potential EHEALTH'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. EHEALTH's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.3 M |
EHEALTH Technical Analysis
EHEALTH's future price can be derived by breaking down and analyzing its technical indicators over time. EHEALTH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EHEALTH. In general, you should focus on analyzing EHEALTH Stock price patterns and their correlations with different microeconomic environments and drivers.
EHEALTH Predictive Forecast Models
EHEALTH's time-series forecasting models is one of many EHEALTH'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 EHEALTH'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 EHEALTH
Checking the ongoing alerts about EHEALTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EHEALTH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EHEALTH is way too risky over 90 days horizon | |
| EHEALTH appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 405.36 M. Net Loss for the year was (88.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EHEALTH generates negative cash flow from operations |
Additional Information and Resources on Investing in EHEALTH Stock
When determining whether EHEALTH offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHEALTH's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:Check out EHEALTH Backtesting, EHEALTH Valuation, EHEALTH Correlation, EHEALTH Hype Analysis, EHEALTH Volatility, EHEALTH History as well as EHEALTH Performance. For information on how to trade EHEALTH Stock refer to our How to Trade EHEALTH Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.