Almondz Global (India) Probability of Future Stock Price Finishing Under 27.34
| ALMONDZ Stock | 27.94 0.54 1.97% |
Almondz |
Almondz Global Target Price Odds to finish below 27.34
The tendency of Almondz 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 27.34 or more in 90 days |
| 27.94 | 90 days | 27.34 | nearly 4.9 |
Based on a normal probability distribution, the odds of Almondz Global to drop to 27.34 or more in 90 days from now is nearly 4.9 (This Almondz Global Securities probability density function shows the probability of Almondz Stock to fall within a particular range of prices over 90 days) . Probability of Almondz Global Securities price to stay between 27.34 and its current price of 27.94 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Almondz Global has a beta of 0.86. This suggests Almondz Global Securities market returns are sensitive to returns on the market. As the market goes up or down, Almondz Global is expected to follow. Additionally Almondz Global Securities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Almondz Global Price Density |
| Price |
Predictive Modules for Almondz Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Almondz Global Securities. 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.Almondz Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Almondz Global is not an exception. The market had few large corrections towards the Almondz Global'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 Almondz Global Securities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Almondz Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | -0.09 |
Almondz Global 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 Almondz Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Almondz Global Securities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Almondz Global generated a negative expected return over the last 90 days | |
| Almondz Global is unlikely to experience financial distress in the next 2 years | |
| Almondz Global Securities has accumulated about 252.5 M in cash with (213.4 M) of positive cash flow from operations. | |
| Roughly 74.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Almondz Global Securities Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Almondz Global 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 Almondz Stock often depends not only on the future outlook of the current and potential Almondz Global'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. Almondz Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 164.5 M | |
| Cash And Short Term Investments | 328.6 M |
Almondz Global Technical Analysis
Almondz Global's future price can be derived by breaking down and analyzing its technical indicators over time. Almondz Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Almondz Global Securities. In general, you should focus on analyzing Almondz Stock price patterns and their correlations with different microeconomic environments and drivers.
Almondz Global Predictive Forecast Models
Almondz Global's time-series forecasting models is one of many Almondz Global'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 Almondz Global'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 Almondz Global Securities
Checking the ongoing alerts about Almondz Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Almondz Global Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Almondz Global generated a negative expected return over the last 90 days | |
| Almondz Global is unlikely to experience financial distress in the next 2 years | |
| Almondz Global Securities has accumulated about 252.5 M in cash with (213.4 M) of positive cash flow from operations. | |
| Roughly 74.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Almondz Global Securities Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Additional Tools for Almondz Stock Analysis
When running Almondz Global's price analysis, check to measure Almondz Global'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 Almondz Global is operating at the current time. Most of Almondz Global's value examination focuses on studying past and present price action to predict the probability of Almondz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almondz Global's price. Additionally, you may evaluate how the addition of Almondz Global to your portfolios can decrease your overall portfolio volatility.