Biofil Chemicals (India) Probability of Future Stock Price Finishing Over 84.63
| BIOFILCHEM | 65.94 3.13 4.98% |
Biofil |
Biofil Chemicals Target Price Odds to finish over 84.63
The tendency of Biofil 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 84.63 or more in 90 days |
| 65.94 | 90 days | 84.63 | roughly 2.22 |
Based on a normal probability distribution, the odds of Biofil Chemicals to move over 84.63 or more in 90 days from now is roughly 2.22 (This Biofil Chemicals Pharmaceuticals probability density function shows the probability of Biofil Stock to fall within a particular range of prices over 90 days) . Probability of Biofil Chemicals Pha price to stay between its current price of 65.94 and 84.63 at the end of the 90-day period is about 66.5 .
Assuming the 90 days trading horizon Biofil Chemicals has a beta of 0.82 suggesting as returns on the market go up, Biofil Chemicals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Biofil Chemicals Pharmaceuticals will be expected to be much smaller as well. Additionally Biofil Chemicals Pharmaceuticals has an alpha of 0.0055, implying that it can generate a 0.005529 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Biofil Chemicals Price Density |
| Price |
Predictive Modules for Biofil Chemicals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biofil Chemicals Pha. 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.Biofil Chemicals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Biofil Chemicals is not an exception. The market had few large corrections towards the Biofil Chemicals' 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 Biofil Chemicals Pharmaceuticals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Biofil Chemicals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 7.48 | |
Ir | Information ratio | -0.0035 |
Biofil Chemicals 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 Biofil Chemicals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Biofil Chemicals Pha can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Biofil Chemicals Pha had very high historical volatility over the last 90 days | |
| Biofil Chemicals Pha is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Biofil Chem Standalone September 2024 Net Sales at Rs 2.41 crore, down 86.11 percent Y-o-Y - Moneycontrol |
Biofil Chemicals 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 Biofil Stock often depends not only on the future outlook of the current and potential Biofil Chemicals' 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. Biofil Chemicals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.3 M | |
| Cash And Short Term Investments | 22.8 M |
Biofil Chemicals Technical Analysis
Biofil Chemicals' future price can be derived by breaking down and analyzing its technical indicators over time. Biofil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Biofil Chemicals Pharmaceuticals. In general, you should focus on analyzing Biofil Stock price patterns and their correlations with different microeconomic environments and drivers.
Biofil Chemicals Predictive Forecast Models
Biofil Chemicals' time-series forecasting models is one of many Biofil Chemicals' 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 Biofil Chemicals' 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 Biofil Chemicals Pha
Checking the ongoing alerts about Biofil Chemicals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Biofil Chemicals Pha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Biofil Chemicals Pha had very high historical volatility over the last 90 days | |
| Biofil Chemicals Pha is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Biofil Chem Standalone September 2024 Net Sales at Rs 2.41 crore, down 86.11 percent Y-o-Y - Moneycontrol |
Other Information on Investing in Biofil Stock
Biofil Chemicals financial ratios help investors to determine whether Biofil 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 Biofil with respect to the benefits of owning Biofil Chemicals security.