Genus Power (India) Probability of Future Stock Price Finishing Over 454.01
| GENUSPOWER | 426.65 3.40 0.79% |
Genus |
Genus Power Target Price Odds to finish over 454.01
The tendency of Genus 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 over 454.01 or more in 90 days |
| 426.65 | 90 days | 454.01 | about 1.58 |
Based on a normal probability distribution, the odds of Genus Power to move over 454.01 or more in 90 days from now is about 1.58 (This Genus Power Infrastructures probability density function shows the probability of Genus Stock to fall within a particular range of prices over 90 days) . Probability of Genus Power Infrastr price to stay between its current price of 426.65 and 454.01 at the end of the 90-day period is about 24.09 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.38 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Genus Power will likely underperform. Additionally Genus Power Infrastructures 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. Genus Power Price Density |
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Predictive Modules for Genus Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genus Power Infrastr. 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 Genus Power'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.
Genus Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genus Power is not an exception. The market had few large corrections towards the Genus Power'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 Genus Power Infrastructures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genus Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 18.30 | |
Ir | Information ratio | -0.01 |
Genus Power 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 Genus Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genus Power Infrastr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genus Power Infrastr is unlikely to experience financial distress in the next 2 years | |
| Genus Power Infrastructures has accumulated about 599.32 M in cash with (1.52 B) of positive cash flow from operations. | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Genus Power Infrastructures Receives Buy Rating from MarketsMOJO Based on Strong Financial Performance and Positive Outlook - MarketsMojo |
Genus Power 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 Genus Stock often depends not only on the future outlook of the current and potential Genus Power'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. Genus Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 241.6 M | |
| Cash And Short Term Investments | 6.8 B |
Genus Power Technical Analysis
Genus Power's future price can be derived by breaking down and analyzing its technical indicators over time. Genus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genus Power Infrastructures. In general, you should focus on analyzing Genus Stock price patterns and their correlations with different microeconomic environments and drivers.
Genus Power Predictive Forecast Models
Genus Power's time-series forecasting models is one of many Genus Power'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 Genus Power'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 Genus Power Infrastr
Checking the ongoing alerts about Genus Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genus Power Infrastr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genus Power Infrastr is unlikely to experience financial distress in the next 2 years | |
| Genus Power Infrastructures has accumulated about 599.32 M in cash with (1.52 B) of positive cash flow from operations. | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Genus Power Infrastructures Receives Buy Rating from MarketsMOJO Based on Strong Financial Performance and Positive Outlook - MarketsMojo |
Other Information on Investing in Genus Stock
Genus Power financial ratios help investors to determine whether Genus 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 Genus with respect to the benefits of owning Genus Power security.