Bigbloc Construction (India) Probability of Future Stock Price Finishing Over 98.68
| BIGBLOC Stock | 103.57 1.11 1.06% |
Bigbloc |
Bigbloc Construction Target Price Odds to finish over 98.68
The tendency of Bigbloc 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 98.68 in 90 days |
| 103.57 | 90 days | 98.68 | close to 99 |
Based on a normal probability distribution, the odds of Bigbloc Construction to stay above 98.68 in 90 days from now is close to 99 (This Bigbloc Construction Limited probability density function shows the probability of Bigbloc Stock to fall within a particular range of prices over 90 days) . Probability of Bigbloc Construction price to stay between 98.68 and its current price of 103.57 at the end of the 90-day period is about 1.01 .
Assuming the 90 days trading horizon Bigbloc Construction has a beta of 0.19 suggesting as returns on the market go up, Bigbloc Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bigbloc Construction Limited will be expected to be much smaller as well. Additionally Bigbloc Construction 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. Bigbloc Construction Price Density |
| Price |
Predictive Modules for Bigbloc Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bigbloc Construction. 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.Bigbloc Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bigbloc Construction is not an exception. The market had few large corrections towards the Bigbloc Construction'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 Bigbloc Construction Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bigbloc Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 8.91 | |
Ir | Information ratio | -0.1 |
Bigbloc Construction 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 Bigbloc Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bigbloc Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bigbloc Construction generated a negative expected return over the last 90 days | |
| Bigbloc Construction has high historical volatility and very poor performance | |
| Bigbloc Construction is unlikely to experience financial distress in the next 2 years | |
| About 81.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bigbloc Constru Standalone September 2024 Net Sales at Rs 14.58 crore, down 49.46 percent Y-o-Y - Moneycontrol |
Bigbloc Construction 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 Bigbloc Stock often depends not only on the future outlook of the current and potential Bigbloc Construction'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. Bigbloc Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.8 M | |
| Cash And Short Term Investments | 8.5 M |
Bigbloc Construction Technical Analysis
Bigbloc Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Bigbloc Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bigbloc Construction Limited. In general, you should focus on analyzing Bigbloc Stock price patterns and their correlations with different microeconomic environments and drivers.
Bigbloc Construction Predictive Forecast Models
Bigbloc Construction's time-series forecasting models is one of many Bigbloc Construction'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 Bigbloc Construction'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 Bigbloc Construction
Checking the ongoing alerts about Bigbloc Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bigbloc Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bigbloc Construction generated a negative expected return over the last 90 days | |
| Bigbloc Construction has high historical volatility and very poor performance | |
| Bigbloc Construction is unlikely to experience financial distress in the next 2 years | |
| About 81.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bigbloc Constru Standalone September 2024 Net Sales at Rs 14.58 crore, down 49.46 percent Y-o-Y - Moneycontrol |
Other Information on Investing in Bigbloc Stock
Bigbloc Construction financial ratios help investors to determine whether Bigbloc 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 Bigbloc with respect to the benefits of owning Bigbloc Construction security.