Compucom Software (India) Probability of Future Stock Price Finishing Over 27.92
| COMPUSOFT | 28.72 0.25 0.88% |
Compucom |
Compucom Software Target Price Odds to finish over 27.92
The tendency of Compucom 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 27.92 in 90 days |
| 28.72 | 90 days | 27.92 | about 83.64 |
Based on a normal probability distribution, the odds of Compucom Software to stay above 27.92 in 90 days from now is about 83.64 (This Compucom Software Limited probability density function shows the probability of Compucom Stock to fall within a particular range of prices over 90 days) . Probability of Compucom Software price to stay between 27.92 and its current price of 28.72 at the end of the 90-day period is about 7.57 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.29 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, Compucom Software will likely underperform. Additionally Compucom Software 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. Compucom Software Price Density |
| Price |
Predictive Modules for Compucom Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compucom Software. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Compucom Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Compucom Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compucom Software is not an exception. The market had few large corrections towards the Compucom Software'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 Compucom Software Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compucom Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 1.29 | |
σ | Overall volatility | 2.95 | |
Ir | Information ratio | -0.05 |
Compucom Software 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 Compucom Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compucom Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compucom Software generated a negative expected return over the last 90 days | |
| Compucom Software has high historical volatility and very poor performance | |
| Compucom Software is unlikely to experience financial distress in the next 2 years | |
| Compucom Software Limited has accumulated about 466.01 M in cash with (331.93 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Compucom Soft Standalone September 2024 Net Sales at Rs 7.25 crore, down 73.67 percent Y-o-Y - Moneycontrol |
Compucom Software 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 Compucom Stock often depends not only on the future outlook of the current and potential Compucom Software'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. Compucom Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.1 M | |
| Cash And Short Term Investments | 538 M |
Compucom Software Technical Analysis
Compucom Software's future price can be derived by breaking down and analyzing its technical indicators over time. Compucom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compucom Software Limited. In general, you should focus on analyzing Compucom Stock price patterns and their correlations with different microeconomic environments and drivers.
Compucom Software Predictive Forecast Models
Compucom Software's time-series forecasting models is one of many Compucom Software'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 Compucom Software'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 Compucom Software
Checking the ongoing alerts about Compucom Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compucom Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compucom Software generated a negative expected return over the last 90 days | |
| Compucom Software has high historical volatility and very poor performance | |
| Compucom Software is unlikely to experience financial distress in the next 2 years | |
| Compucom Software Limited has accumulated about 466.01 M in cash with (331.93 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Compucom Soft Standalone September 2024 Net Sales at Rs 7.25 crore, down 73.67 percent Y-o-Y - Moneycontrol |
Other Information on Investing in Compucom Stock
Compucom Software financial ratios help investors to determine whether Compucom 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 Compucom with respect to the benefits of owning Compucom Software security.