CCL Products (India) Probability of Future Stock Price Finishing Under 612.00
| CCL Stock | 792.20 23.95 2.93% |
CCL |
CCL Products Target Price Odds to finish below 612.00
The tendency of CCL 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 612.00 or more in 90 days |
| 792.20 | 90 days | 612.00 | roughly 2.8 |
Based on a normal probability distribution, the odds of CCL Products to drop to 612.00 or more in 90 days from now is roughly 2.8 (This CCL Products Limited probability density function shows the probability of CCL Stock to fall within a particular range of prices over 90 days) . Probability of CCL Products Limited price to stay between 612.00 and its current price of 792.2 at the end of the 90-day period is about 91.41 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.17 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CCL Products will likely underperform. Additionally CCL Products 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. CCL Products Price Density |
| Price |
Predictive Modules for CCL Products
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CCL Products 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.CCL Products Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CCL Products is not an exception. The market had few large corrections towards the CCL Products' 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 CCL Products Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CCL Products within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.17 | |
σ | Overall volatility | 51.75 | |
Ir | Information ratio | -0.0047 |
CCL Products 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 CCL Products for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CCL Products 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.| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: CCL Products Ltds Stock Gains 5.07, Outperforms Sector and Sensex - MarketsMojo |
CCL Products 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 CCL Stock often depends not only on the future outlook of the current and potential CCL Products' 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. CCL Products' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 133.3 M | |
| Cash And Short Term Investments | 1.7 B |
CCL Products Technical Analysis
CCL Products' future price can be derived by breaking down and analyzing its technical indicators over time. CCL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CCL Products Limited. In general, you should focus on analyzing CCL Stock price patterns and their correlations with different microeconomic environments and drivers.
CCL Products Predictive Forecast Models
CCL Products' time-series forecasting models is one of many CCL Products' 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 CCL Products' 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 CCL Products Limited
Checking the ongoing alerts about CCL Products for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CCL Products Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: CCL Products Ltds Stock Gains 5.07, Outperforms Sector and Sensex - MarketsMojo |
Other Information on Investing in CCL Stock
CCL Products financial ratios help investors to determine whether CCL 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 CCL with respect to the benefits of owning CCL Products security.