Euronet Worldwide Stock Probability of Future Stock Price Finishing Under 165.11
| EEFT Stock | USD 103.04 1.23 1.21% |
Closest to current price Euronet long CALL Option Payoff at Expiration
Euronet |
Euronet Worldwide Target Price Odds to finish below 165.11
The tendency of Euronet 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 under $ 165.11 after 90 days |
| 103.04 | 90 days | 165.11 | close to 99 |
Based on a normal probability distribution, the odds of Euronet Worldwide to stay under $ 165.11 after 90 days from now is close to 99 (This Euronet Worldwide probability density function shows the probability of Euronet Stock to fall within a particular range of prices over 90 days) . Probability of Euronet Worldwide price to stay between its current price of $ 103.04 and $ 165.11 at the end of the 90-day period is about 76.03 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.56 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Euronet Worldwide will likely underperform. Additionally Euronet Worldwide has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Euronet Worldwide Price Density |
| Price |
Predictive Modules for Euronet Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Euronet Worldwide. 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 Euronet Worldwide's 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.
Euronet Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Euronet Worldwide is not an exception. The market had few large corrections towards the Euronet Worldwide'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 Euronet Worldwide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Euronet Worldwide within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 1.56 | |
σ | Overall volatility | 4.03 | |
Ir | Information ratio | -0.0093 |
Euronet Worldwide 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 Euronet Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Euronet Worldwide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Euronet Worldwide is unlikely to experience financial distress in the next 2 years | |
| Euronet Worldwide has a strong financial position based on the latest SEC filings | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from globenewswire.com: Euronet Announces First Quarter 2024 Earnings Release Date and Conference Call Details |
Euronet Worldwide 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 Euronet Stock often depends not only on the future outlook of the current and potential Euronet Worldwide'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. Euronet Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.6 M | |
| Cash And Short Term Investments | 1.8 B |
Euronet Worldwide Technical Analysis
Euronet Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Euronet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Euronet Worldwide. In general, you should focus on analyzing Euronet Stock price patterns and their correlations with different microeconomic environments and drivers.
Euronet Worldwide Predictive Forecast Models
Euronet Worldwide's time-series forecasting models is one of many Euronet Worldwide'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 Euronet Worldwide'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 Euronet Worldwide
Checking the ongoing alerts about Euronet Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Euronet Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Euronet Worldwide is unlikely to experience financial distress in the next 2 years | |
| Euronet Worldwide has a strong financial position based on the latest SEC filings | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from globenewswire.com: Euronet Announces First Quarter 2024 Earnings Release Date and Conference Call Details |
Check out Euronet Worldwide Backtesting, Euronet Worldwide Valuation, Euronet Worldwide Correlation, Euronet Worldwide Hype Analysis, Euronet Worldwide Volatility, Euronet Worldwide History as well as Euronet Worldwide Performance. For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.Note that the Euronet Worldwide information on this page should be used as a complementary analysis to other Euronet Worldwide's 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Euronet Stock analysis
When running Euronet Worldwide's price analysis, check to measure Euronet Worldwide's 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 Euronet Worldwide is operating at the current time. Most of Euronet Worldwide's value examination focuses on studying past and present price action to predict the probability of Euronet Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronet Worldwide's price. Additionally, you may evaluate how the addition of Euronet Worldwide to your portfolios can decrease your overall portfolio volatility.
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Is Euronet Worldwide's 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 Euronet Worldwide. If investors know Euronet 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 Euronet Worldwide 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 0.101 | Earnings Share 5.5 | Revenue Per Share 76.069 | Quarterly Revenue Growth 0.106 | Return On Assets 0.0479 |
The market value of Euronet Worldwide is measured differently than its book value, which is the value of Euronet that is recorded on the company's balance sheet. Investors also form their own opinion of Euronet Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Euronet Worldwide's 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 Euronet Worldwide's market value can be influenced by many factors that don't directly affect Euronet Worldwide's 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 Euronet Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronet Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronet Worldwide's 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.