EastGroup Properties Stock Forecast - Day Typical Price
| EGP Stock | USD 165.87 0.92 0.55% |
EastGroup Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EastGroup Properties stock prices and determine the direction of EastGroup Properties's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of EastGroup Properties' historical fundamentals, such as revenue growth or operating cash flow patterns. Although EastGroup Properties' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of EastGroup Properties' systematic risk associated with finding meaningful patterns of EastGroup Properties fundamentals over time.
Check out Historical Fundamental Analysis of EastGroup Properties to cross-verify your projections. EastGroup |
Open Interest Against 2024-05-17 EastGroup Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast EastGroup Properties' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in EastGroup Properties' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for EastGroup Properties stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current EastGroup Properties' open interest, investors have to compare it to EastGroup Properties' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of EastGroup Properties is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in EastGroup. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in EastGroup Properties cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the EastGroup Properties' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EastGroup Properties' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 166.91 | 166.06 |
| Check EastGroup Properties Volatility | Backtest EastGroup Properties | Information Ratio |
EastGroup Properties Trading Date Momentum
| On May 17 2024 EastGroup Properties was traded for 165.87 at the closing time. Highest EastGroup Properties's price during the trading hours was 166.74 and the lowest price during the day was 165.58 . The net volume was 152 K. The overall trading history on the 17th of May 2024 did not affect price variability. The overall trading delta to current price is 0.52% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare EastGroup Properties to competition |
Other Forecasting Options for EastGroup Properties
For every potential investor in EastGroup, whether a beginner or expert, EastGroup Properties' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EastGroup Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EastGroup. Basic forecasting techniques help filter out the noise by identifying EastGroup Properties' price trends.EastGroup Properties Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EastGroup Properties stock to make a market-neutral strategy. Peer analysis of EastGroup Properties could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EastGroup Properties Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EastGroup Properties' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of EastGroup Properties' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EastGroup Properties Market Strength Events
Market strength indicators help investors to evaluate how EastGroup Properties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EastGroup Properties shares will generate the highest return on investment. By undertsting and applying EastGroup Properties stock market strength indicators, traders can identify EastGroup Properties entry and exit signals to maximize returns.
| Accumulation Distribution | 1057.62 | |||
| Daily Balance Of Power | (0.79) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 166.16 | |||
| Day Typical Price | 166.06 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (0.92) |
EastGroup Properties Risk Indicators
The analysis of EastGroup Properties' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EastGroup Properties' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastgroup stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.02 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.77 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of EastGroup Properties to cross-verify your projections. To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide.Note that the EastGroup Properties information on this page should be used as a complementary analysis to other EastGroup Properties' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for EastGroup Stock analysis
When running EastGroup Properties' price analysis, check to measure EastGroup Properties' 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 EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is EastGroup Properties' industry 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 EastGroup Properties. If investors know EastGroup 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 EastGroup Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.196 | Dividend Share 5.06 | Earnings Share 4.62 | Revenue Per Share 12.752 | Quarterly Revenue Growth 0.142 |
The market value of EastGroup Properties is measured differently than its book value, which is the value of EastGroup that is recorded on the company's balance sheet. Investors also form their own opinion of EastGroup Properties' value that differs from its market value or its book value, called intrinsic value, which is EastGroup Properties' 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 EastGroup Properties' market value can be influenced by many factors that don't directly affect EastGroup Properties' 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 EastGroup Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if EastGroup Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EastGroup Properties' 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.