Automotive Stampings (India) Probability of Future Stock Price Finishing Under 681.41
| ASAL Stock | 661.70 22.30 3.26% |
Automotive |
Automotive Stampings Target Price Odds to finish below 681.41
The tendency of Automotive 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 681.41 after 90 days |
| 661.70 | 90 days | 681.41 | about 29.6 |
Based on a normal probability distribution, the odds of Automotive Stampings to stay under 681.41 after 90 days from now is about 29.6 (This Automotive Stampings and probability density function shows the probability of Automotive Stock to fall within a particular range of prices over 90 days) . Probability of Automotive Stampings and price to stay between its current price of 661.70 and 681.41 at the end of the 90-day period is about 13.79 .
Assuming the 90 days trading horizon Automotive Stampings has a beta of 0.57. This suggests as returns on the market go up, Automotive Stampings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Automotive Stampings and will be expected to be much smaller as well. Additionally Automotive Stampings and 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. Automotive Stampings Price Density |
| Price |
Predictive Modules for Automotive Stampings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Automotive Stampings and. 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.Automotive Stampings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Automotive Stampings is not an exception. The market had few large corrections towards the Automotive Stampings' 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 Automotive Stampings and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Automotive Stampings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 42.44 | |
Ir | Information ratio | -0.08 |
Automotive Stampings 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 Automotive Stampings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Automotive Stampings and can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Automotive Stampings generated a negative expected return over the last 90 days | |
| Automotive Stampings is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Automotive Stampings Assemblies Ltds Stock Sees Significant Increase, Outperforms Sector - MarketsMojo |
Automotive Stampings 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 Automotive Stock often depends not only on the future outlook of the current and potential Automotive Stampings' 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. Automotive Stampings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.9 M | |
| Cash And Short Term Investments | 18.8 M |
Automotive Stampings Technical Analysis
Automotive Stampings' future price can be derived by breaking down and analyzing its technical indicators over time. Automotive Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Automotive Stampings and. In general, you should focus on analyzing Automotive Stock price patterns and their correlations with different microeconomic environments and drivers.
Automotive Stampings Predictive Forecast Models
Automotive Stampings' time-series forecasting models is one of many Automotive Stampings' 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 Automotive Stampings' 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 Automotive Stampings and
Checking the ongoing alerts about Automotive Stampings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Automotive Stampings and help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Automotive Stampings generated a negative expected return over the last 90 days | |
| Automotive Stampings is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Automotive Stampings Assemblies Ltds Stock Sees Significant Increase, Outperforms Sector - MarketsMojo |
Additional Tools for Automotive Stock Analysis
When running Automotive Stampings' price analysis, check to measure Automotive Stampings' 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 Automotive Stampings is operating at the current time. Most of Automotive Stampings' value examination focuses on studying past and present price action to predict the probability of Automotive Stampings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Stampings' price. Additionally, you may evaluate how the addition of Automotive Stampings to your portfolios can decrease your overall portfolio volatility.