Banka BioLoo (India) Probability of Future Stock Price Finishing Over 96.88
| BANKA Stock | 102.86 3.55 3.57% |
Banka |
Banka BioLoo Target Price Odds to finish over 96.88
The tendency of Banka 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 above 96.88 in 90 days |
| 102.86 | 90 days | 96.88 | close to 99 |
Based on a normal probability distribution, the odds of Banka BioLoo to stay above 96.88 in 90 days from now is close to 99 (This Banka BioLoo Limited probability density function shows the probability of Banka Stock to fall within a particular range of prices over 90 days) . Probability of Banka BioLoo Limited price to stay between 96.88 and its current price of 102.86 at the end of the 90-day period is about 1.32 .
Assuming the 90 days trading horizon Banka BioLoo has a beta of 0.64 suggesting as returns on the market go up, Banka BioLoo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Banka BioLoo Limited will be expected to be much smaller as well. Additionally Banka BioLoo Limited 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. Banka BioLoo Price Density |
| Price |
Predictive Modules for Banka BioLoo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banka BioLoo Limited. 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.Banka BioLoo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Banka BioLoo is not an exception. The market had few large corrections towards the Banka BioLoo'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 Banka BioLoo Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Banka BioLoo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 8.25 | |
Ir | Information ratio | -0.1 |
Banka BioLoo 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 Banka BioLoo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Banka BioLoo Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Banka BioLoo Limited generated a negative expected return over the last 90 days | |
| Banka BioLoo Limited has high historical volatility and very poor performance | |
| The company reported the revenue of 499.96 M. Net Loss for the year was (6.53 M) with profit before overhead, payroll, taxes, and interest of 130.15 M. | |
| Latest headline from news.google.com: Banka Bioloo reports consolidated net loss of Rs 6.13 crore in the September 2024 quarter - Business Standard |
Banka BioLoo 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 Banka Stock often depends not only on the future outlook of the current and potential Banka BioLoo'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. Banka BioLoo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 43.8 M |
Banka BioLoo Technical Analysis
Banka BioLoo's future price can be derived by breaking down and analyzing its technical indicators over time. Banka Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Banka BioLoo Limited. In general, you should focus on analyzing Banka Stock price patterns and their correlations with different microeconomic environments and drivers.
Banka BioLoo Predictive Forecast Models
Banka BioLoo's time-series forecasting models is one of many Banka BioLoo'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 Banka BioLoo'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 Banka BioLoo Limited
Checking the ongoing alerts about Banka BioLoo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Banka BioLoo Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Banka BioLoo Limited generated a negative expected return over the last 90 days | |
| Banka BioLoo Limited has high historical volatility and very poor performance | |
| The company reported the revenue of 499.96 M. Net Loss for the year was (6.53 M) with profit before overhead, payroll, taxes, and interest of 130.15 M. | |
| Latest headline from news.google.com: Banka Bioloo reports consolidated net loss of Rs 6.13 crore in the September 2024 quarter - Business Standard |
Other Information on Investing in Banka Stock
Banka BioLoo financial ratios help investors to determine whether Banka 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 Banka with respect to the benefits of owning Banka BioLoo security.