Den Networks (India) Probability of Future Stock Price Finishing Over 36.11
| DEN Stock | 44.64 0.12 0.27% |
Den |
Den Networks Target Price Odds to finish over 36.11
The tendency of Den 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 36.11 in 90 days |
| 44.64 | 90 days | 36.11 | close to 99 |
Based on a normal probability distribution, the odds of Den Networks to stay above 36.11 in 90 days from now is close to 99 (This Den Networks Limited probability density function shows the probability of Den Stock to fall within a particular range of prices over 90 days) . Probability of Den Networks Limited price to stay between 36.11 and its current price of 44.64 at the end of the 90-day period is about 14.08 .
Assuming the 90 days trading horizon Den Networks Limited has a beta of -0.0177 suggesting as returns on the benchmark increase, returns on holding Den Networks are expected to decrease at a much lower rate. During a bear market, however, Den Networks Limited is likely to outperform the market. Additionally Den Networks 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. Den Networks Price Density |
| Price |
Predictive Modules for Den Networks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Den Networks 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.Den Networks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Den Networks is not an exception. The market had few large corrections towards the Den Networks' 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 Den Networks Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Den Networks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 3.94 | |
Ir | Information ratio | -0.15 |
Den Networks 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 Den Networks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Den Networks 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.| Den Networks Limited generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are held by company insiders |
Den Networks 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 Den Stock often depends not only on the future outlook of the current and potential Den Networks' 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. Den Networks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 476.8 M | |
| Cash And Short Term Investments | 29.3 B |
Den Networks Technical Analysis
Den Networks' future price can be derived by breaking down and analyzing its technical indicators over time. Den Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Den Networks Limited. In general, you should focus on analyzing Den Stock price patterns and their correlations with different microeconomic environments and drivers.
Den Networks Predictive Forecast Models
Den Networks' time-series forecasting models is one of many Den Networks' 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 Den Networks' 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 Den Networks Limited
Checking the ongoing alerts about Den Networks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Den Networks Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Den Networks Limited generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are held by company insiders |
Other Information on Investing in Den Stock
Den Networks financial ratios help investors to determine whether Den 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 Den with respect to the benefits of owning Den Networks security.