Eastgroup Properties Stock Probability of Future Stock Price Finishing Over 165.01
| EGP Stock | USD 165.01 1.99 1.22% |
Closest to current price EastGroup long CALL Option Payoff at Expiration
EastGroup |
EastGroup Properties Target Price Odds to finish over 165.01
The tendency of EastGroup 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 move above the current price in 90 days |
| 165.01 | 90 days | 165.01 | about 80.51 |
Based on a normal probability distribution, the odds of EastGroup Properties to move above the current price in 90 days from now is about 80.51 (This EastGroup Properties probability density function shows the probability of EastGroup Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon EastGroup Properties has a beta of 0.14 suggesting as returns on the market go up, EastGroup Properties average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EastGroup Properties will be expected to be much smaller as well. Additionally EastGroup Properties has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. EastGroup Properties Price Density |
| Price |
Predictive Modules for EastGroup Properties
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EastGroup Properties. 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 EastGroup Properties' 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.
EastGroup Properties Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EastGroup Properties is not an exception. The market had few large corrections towards the EastGroup Properties' 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 EastGroup Properties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EastGroup Properties within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 0.14 | |
σ | Overall volatility | 8.78 | |
Ir | Information ratio | -0.19 |
EastGroup Properties 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 EastGroup Properties for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EastGroup Properties can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EastGroup Properties generated a negative expected return over the last 90 days | |
| The company has 1.7 B in debt with debt to equity (D/E) ratio of 0.86, which is OK given its current industry classification. EastGroup Properties has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist EastGroup Properties until it has trouble settling it off, either with new capital or with free cash flow. So, EastGroup Properties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EastGroup Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EastGroup to invest in growth at high rates of return. When we think about EastGroup Properties' use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of EastGroup Properties shares are held by institutions such as insurance companies | |
| On 15th of April 2024 EastGroup Properties paid $ 1.27 per share dividend to its current shareholders | |
| Latest headline from news.google.com: GEO vs. EGP Which Stock Is the Better Value Option - Yahoo Singapore News |
EastGroup Properties 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 EastGroup Stock often depends not only on the future outlook of the current and potential EastGroup Properties' 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. EastGroup Properties' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.3 M | |
| Cash And Short Term Investments | 40.3 M |
EastGroup Properties Technical Analysis
EastGroup Properties' future price can be derived by breaking down and analyzing its technical indicators over time. EastGroup Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EastGroup Properties. In general, you should focus on analyzing EastGroup Stock price patterns and their correlations with different microeconomic environments and drivers.
EastGroup Properties Predictive Forecast Models
EastGroup Properties' time-series forecasting models is one of many EastGroup Properties' 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 EastGroup Properties' 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 EastGroup Properties
Checking the ongoing alerts about EastGroup Properties for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EastGroup Properties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EastGroup Properties generated a negative expected return over the last 90 days | |
| The company has 1.7 B in debt with debt to equity (D/E) ratio of 0.86, which is OK given its current industry classification. EastGroup Properties has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist EastGroup Properties until it has trouble settling it off, either with new capital or with free cash flow. So, EastGroup Properties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EastGroup Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EastGroup to invest in growth at high rates of return. When we think about EastGroup Properties' use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of EastGroup Properties shares are held by institutions such as insurance companies | |
| On 15th of April 2024 EastGroup Properties paid $ 1.27 per share dividend to its current shareholders | |
| Latest headline from news.google.com: GEO vs. EGP Which Stock Is the Better Value Option - Yahoo Singapore News |
Check out EastGroup Properties Backtesting, EastGroup Properties Valuation, EastGroup Properties Correlation, EastGroup Properties Hype Analysis, EastGroup Properties Volatility, EastGroup Properties History as well as EastGroup Properties Performance. 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 CEOs Directory module to screen CEOs from public companies around the world.
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.
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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 4.61 | 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.