Ambica Agarbathies (India) Probability of Future Stock Price Finishing Over 29.73
| AMBICAAGAR | 29.67 0.71 2.45% |
Ambica |
Ambica Agarbathies Target Price Odds to finish over 29.73
The tendency of Ambica 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 over 29.73 or more in 90 days |
| 29.67 | 90 days | 29.73 | about 33.73 |
Based on a normal probability distribution, the odds of Ambica Agarbathies to move over 29.73 or more in 90 days from now is about 33.73 (This Ambica Agarbathies Aroma probability density function shows the probability of Ambica Stock to fall within a particular range of prices over 90 days) . Probability of Ambica Agarbathies Aroma price to stay between its current price of 29.67 and 29.73 at the end of the 90-day period is about 1.36 .
Assuming the 90 days trading horizon Ambica Agarbathies Aroma has a beta of -0.16. This suggests as returns on the benchmark increase, returns on holding Ambica Agarbathies are expected to decrease at a much lower rate. During a bear market, however, Ambica Agarbathies Aroma is likely to outperform the market. Additionally Ambica Agarbathies Aroma 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. Ambica Agarbathies Price Density |
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Predictive Modules for Ambica Agarbathies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ambica Agarbathies Aroma. 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 Ambica Agarbathies' 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.
Ambica Agarbathies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ambica Agarbathies is not an exception. The market had few large corrections towards the Ambica Agarbathies' 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 Ambica Agarbathies Aroma, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ambica Agarbathies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | -0.12 |
Ambica Agarbathies 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 Ambica Agarbathies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ambica Agarbathies Aroma can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ambica Agarbathies generated a negative expected return over the last 90 days | |
| Ambica Agarbathies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 978.47 M. Net Loss for the year was (36.62 M) with profit before overhead, payroll, taxes, and interest of 234.12 M. | |
| About 67.0% of the company shares are held by company insiders |
Ambica Agarbathies 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 Ambica Stock often depends not only on the future outlook of the current and potential Ambica Agarbathies' 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. Ambica Agarbathies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.2 M | |
| Cash And Short Term Investments | 14.3 M |
Ambica Agarbathies Technical Analysis
Ambica Agarbathies' future price can be derived by breaking down and analyzing its technical indicators over time. Ambica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ambica Agarbathies Aroma. In general, you should focus on analyzing Ambica Stock price patterns and their correlations with different microeconomic environments and drivers.
Ambica Agarbathies Predictive Forecast Models
Ambica Agarbathies' time-series forecasting models is one of many Ambica Agarbathies' 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 Ambica Agarbathies' 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 Ambica Agarbathies Aroma
Checking the ongoing alerts about Ambica Agarbathies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ambica Agarbathies Aroma help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ambica Agarbathies generated a negative expected return over the last 90 days | |
| Ambica Agarbathies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 978.47 M. Net Loss for the year was (36.62 M) with profit before overhead, payroll, taxes, and interest of 234.12 M. | |
| About 67.0% of the company shares are held by company insiders |
Other Information on Investing in Ambica Stock
Ambica Agarbathies financial ratios help investors to determine whether Ambica Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ambica with respect to the benefits of owning Ambica Agarbathies security.