CEAT (India) Chance of Future Stock Price Finishing Over 2844.55
| CEATLTD Stock | 2,845 91.45 3.32% |
CEAT |
CEAT Target Price Odds to finish over 2844.55
The tendency of CEAT 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 above the current price in 90 days |
| 2,845 | 90 days | 2,845 | about 66.19 |
Based on a normal probability distribution, the odds of CEAT to move above the current price in 90 days from now is about 66.19 (This CEAT Limited probability density function shows the probability of CEAT Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CEAT Limited has a beta of -0.31 suggesting as returns on the benchmark increase, returns on holding CEAT are expected to decrease at a much lower rate. During a bear market, however, CEAT Limited is likely to outperform the market. Additionally CEAT Limited has an alpha of 0.0564, implying that it can generate a 0.0564 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CEAT Price Density |
| Price |
Predictive Modules for CEAT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CEAT 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.CEAT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CEAT is not an exception. The market had few large corrections towards the CEAT'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 CEAT Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CEAT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 118.85 | |
Ir | Information ratio | -0.05 |
CEAT 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 CEAT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CEAT 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.| CEAT Limited is unlikely to experience financial distress in the next 2 years | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: CEAT Share Price Today on 22-11-2024 CEAT share price are up by 1.66, Nifty up by 1.15 percent Stock Market News - Mint |
CEAT 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 CEAT Stock often depends not only on the future outlook of the current and potential CEAT'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. CEAT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.5 M | |
| Cash And Short Term Investments | 565.9 M |
CEAT Technical Analysis
CEAT's future price can be derived by breaking down and analyzing its technical indicators over time. CEAT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CEAT Limited. In general, you should focus on analyzing CEAT Stock price patterns and their correlations with different microeconomic environments and drivers.
CEAT Predictive Forecast Models
CEAT's time-series forecasting models is one of many CEAT'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 CEAT'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 CEAT Limited
Checking the ongoing alerts about CEAT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CEAT Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CEAT Limited is unlikely to experience financial distress in the next 2 years | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: CEAT Share Price Today on 22-11-2024 CEAT share price are up by 1.66, Nifty up by 1.15 percent Stock Market News - Mint |
Other Information on Investing in CEAT Stock
CEAT financial ratios help investors to determine whether CEAT 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 CEAT with respect to the benefits of owning CEAT security.