India Globalization Stock Forecast - Naive Prediction

IGC Stock  USD 0.28  0.02  6.67%   
The Naive Prediction forecasted value of India Globalization Capital on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.65. India Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast India Globalization stock prices and determine the direction of India Globalization Capital's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of India Globalization's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of India Globalization's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of India Globalization's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with India Globalization Capital, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting India Globalization's stock price prediction:
EPS Estimate Next Quarter
(0.02)
EPS Estimate Current Year
(0.08)
EPS Estimate Next Year
(0.09)
Wall Street Target Price
3.875
Quarterly Revenue Growth
(0.54)
Using India Globalization hype-based prediction, you can estimate the value of India Globalization Capital from the perspective of India Globalization response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards India Globalization using India Globalization's stock options and short interest. It helps to benchmark the overall future attitude of investors towards India using crowd psychology based on the activity and movement of India Globalization's stock price.

India Globalization Short Interest

A significant increase or decrease in India Globalization's short interest from the previous month could be a good indicator of investor sentiment towards India. Short interest can provide insight into the potential direction of India Globalization stock and how bullish or bearish investors feel about the market overall.
200 Day MA
0.3447
Short Percent
0.0061
Short Ratio
0.77
Shares Short Prior Month
244.2 K
50 Day MA
0.3434

India Globalization Hype to Price Pattern

Investor biases related to India Globalization's public news can be used to forecast risks associated with an investment in India. The trend in average sentiment can be used to explain how an investor holding India can time the market purely based on public headlines and social activities around India Globalization Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of India Globalization's market sentiment to its price can help taders to make decisions based on the overall investors consensus about India Globalization.

India Globalization Implied Volatility

    
  2.06  
India Globalization's implied volatility exposes the market's sentiment of India Globalization Capital stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if India Globalization's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that India Globalization stock will not fluctuate a lot when India Globalization's options are near their expiration.
The Naive Prediction forecasted value of India Globalization Capital on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.65.

India Globalization after-hype prediction price

    
  USD 0.28  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of India Globalization to cross-verify your projections.
The current year's Asset Turnover is expected to grow to 0.21, whereas Inventory Turnover is forecasted to decline to 0.52. . The current year's Common Stock Shares Outstanding is expected to grow to about 92.4 M, whereas Net Loss is forecasted to decline to (6.7 M).

Open Interest Against 2026-02-20 India Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast India Globalization's 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 India Globalization's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for India Globalization 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 India Globalization's open interest, investors have to compare it to India Globalization's 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 India Globalization 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 India. 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.

India Globalization Additional Predictive Modules

Most predictive techniques to examine India price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for India using various technical indicators. When you analyze India charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

India Globalization Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the India Globalization's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2006-03-31
Previous Quarter
454 K
Current Value
1.1 M
Quarterly Volatility
5.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for India Globalization is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of India Globalization Capital value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

India Globalization Naive Prediction Price Forecast For the 3rd of January

Given 90 days horizon, the Naive Prediction forecasted value of India Globalization Capital on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.65.
Please note that although there have been many attempts to predict India Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that India Globalization's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

India Globalization Stock Forecast Pattern

Backtest India GlobalizationIndia Globalization Price PredictionBuy or Sell Advice 

India Globalization Forecasted Value

In the context of forecasting India Globalization's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. India Globalization's downside and upside margins for the forecasting period are 0 and 4.07, respectively. We have considered India Globalization's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.28
0.23
Expected Value
4.07
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of India Globalization stock data series using in forecasting. Note that when a statistical model is used to represent India Globalization stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria109.469
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0107
MAPEMean absolute percentage error0.0317
SAESum of the absolute errors0.6546
This model is not at all useful as a medium-long range forecasting tool of India Globalization Capital. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict India Globalization. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for India Globalization

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as India Globalization. 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.
Hype
Prediction
LowEstimatedHigh
0.010.284.09
Details
Intrinsic
Valuation
LowRealHigh
0.010.264.07
Details
2 Analysts
Consensus
LowTargetHigh
3.533.884.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as India Globalization. Your research has to be compared to or analyzed against India Globalization's peers to derive any actionable benefits. When done correctly, India Globalization's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in India Globalization.

Other Forecasting Options for India Globalization

For every potential investor in India, whether a beginner or expert, India Globalization's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. India Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in India. Basic forecasting techniques help filter out the noise by identifying India Globalization's price trends.

India Globalization 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 India Globalization stock to make a market-neutral strategy. Peer analysis of India Globalization could also be used in its relative valuation, which is a method of valuing India Globalization by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

India Globalization 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 India Globalization's 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 India Globalization's current price.

India Globalization Market Strength Events

Market strength indicators help investors to evaluate how India Globalization stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading India Globalization shares will generate the highest return on investment. By undertsting and applying India Globalization stock market strength indicators, traders can identify India Globalization Capital entry and exit signals to maximize returns.

India Globalization Risk Indicators

The analysis of India Globalization's 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 India Globalization's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting india 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization'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 India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:
Check out Historical Fundamental Analysis of India Globalization to cross-verify your projections.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Trading Companies & Distributors space 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 India Globalization. If investors know India 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 India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.54)
Return On Assets
(0.50)
Return On Equity
(0.83)
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization'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 India Globalization's market value can be influenced by many factors that don't directly affect India Globalization'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 India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization'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.