Generic Engineering (India) Probability of Future Stock Price Finishing Under 38.02
| GENCON Stock | 39.97 0.24 0.60% |
Generic |
Generic Engineering Target Price Odds to finish below 38.02
The tendency of Generic 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 38.02 or more in 90 days |
| 39.97 | 90 days | 38.02 | about 8.65 |
Based on a normal probability distribution, the odds of Generic Engineering to drop to 38.02 or more in 90 days from now is about 8.65 (This Generic Engineering Construction probability density function shows the probability of Generic Stock to fall within a particular range of prices over 90 days) . Probability of Generic Engineering price to stay between 38.02 and its current price of 39.97 at the end of the 90-day period is about 12.11 .
Assuming the 90 days trading horizon Generic Engineering has a beta of 0.32. This usually indicates as returns on the market go up, Generic Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Generic Engineering Construction will be expected to be much smaller as well. Additionally Generic Engineering Construction 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. Generic Engineering Price Density |
| Price |
Predictive Modules for Generic Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Generic Engineering. 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.Generic Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Generic Engineering is not an exception. The market had few large corrections towards the Generic Engineering'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 Generic Engineering Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Generic Engineering within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 3.57 | |
Ir | Information ratio | -0.19 |
Generic Engineering 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 Generic Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Generic Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Generic Engineering generated a negative expected return over the last 90 days | |
| Generic Engineering generates negative cash flow from operations | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hindustan Construction to move awards, claims to BlackRock-led investors Company Business News - Mint |
Generic Engineering 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 Generic Stock often depends not only on the future outlook of the current and potential Generic Engineering'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. Generic Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.1 M | |
| Cash And Short Term Investments | 110.7 M |
Generic Engineering Technical Analysis
Generic Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. Generic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Generic Engineering Construction. In general, you should focus on analyzing Generic Stock price patterns and their correlations with different microeconomic environments and drivers.
Generic Engineering Predictive Forecast Models
Generic Engineering's time-series forecasting models is one of many Generic Engineering'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 Generic Engineering'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 Generic Engineering
Checking the ongoing alerts about Generic Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Generic Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Generic Engineering generated a negative expected return over the last 90 days | |
| Generic Engineering generates negative cash flow from operations | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hindustan Construction to move awards, claims to BlackRock-led investors Company Business News - Mint |
Other Information on Investing in Generic Stock
Generic Engineering financial ratios help investors to determine whether Generic 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 Generic with respect to the benefits of owning Generic Engineering security.