Bharat Bijlee (India) Probability of Future Stock Price Finishing Under 3716.9
| BBL Stock | 3,723 73.65 2.02% |
Bharat |
Bharat Bijlee Target Price Odds to finish below 3716.9
The tendency of Bharat 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 3,717 or more in 90 days |
| 3,723 | 90 days | 3,717 | about 1.95 |
Based on a normal probability distribution, the odds of Bharat Bijlee to drop to 3,717 or more in 90 days from now is about 1.95 (This Bharat Bijlee Limited probability density function shows the probability of Bharat Stock to fall within a particular range of prices over 90 days) . Probability of Bharat Bijlee Limited price to stay between 3,717 and its current price of 3722.65 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Bharat Bijlee Limited has a beta of -0.25 suggesting as returns on the benchmark increase, returns on holding Bharat Bijlee are expected to decrease at a much lower rate. During a bear market, however, Bharat Bijlee Limited is likely to outperform the market. Additionally Bharat Bijlee 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. Bharat Bijlee Price Density |
| Price |
Predictive Modules for Bharat Bijlee
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bharat Bijlee 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.Bharat Bijlee Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bharat Bijlee is not an exception. The market had few large corrections towards the Bharat Bijlee'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 Bharat Bijlee Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bharat Bijlee within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 454.69 | |
Ir | Information ratio | -0.13 |
Bharat Bijlee 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 Bharat Bijlee for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bharat Bijlee 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.| Bharat Bijlee generated a negative expected return over the last 90 days | |
| Bharat Bijlee has high historical volatility and very poor performance | |
| Bharat Bijlee is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bharat Bijlee Limited Stocks Pounded By 26 percent But Not Lagging Market On Growth Or Pricing - Simply Wall St |
Bharat Bijlee 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 Bharat Stock often depends not only on the future outlook of the current and potential Bharat Bijlee'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. Bharat Bijlee's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.3 M | |
| Cash And Short Term Investments | 2 B |
Bharat Bijlee Technical Analysis
Bharat Bijlee's future price can be derived by breaking down and analyzing its technical indicators over time. Bharat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bharat Bijlee Limited. In general, you should focus on analyzing Bharat Stock price patterns and their correlations with different microeconomic environments and drivers.
Bharat Bijlee Predictive Forecast Models
Bharat Bijlee's time-series forecasting models is one of many Bharat Bijlee'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 Bharat Bijlee'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 Bharat Bijlee Limited
Checking the ongoing alerts about Bharat Bijlee for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bharat Bijlee Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bharat Bijlee generated a negative expected return over the last 90 days | |
| Bharat Bijlee has high historical volatility and very poor performance | |
| Bharat Bijlee is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bharat Bijlee Limited Stocks Pounded By 26 percent But Not Lagging Market On Growth Or Pricing - Simply Wall St |
Other Information on Investing in Bharat Stock
Bharat Bijlee financial ratios help investors to determine whether Bharat 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 Bharat with respect to the benefits of owning Bharat Bijlee security.