Geojit Financial (India) Probability of Future Stock Price Finishing Over 115.2
| GEOJITFSL | 118.76 2.42 2.00% |
Geojit |
Geojit Financial Target Price Odds to finish over 115.2
The tendency of Geojit 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 115.20 in 90 days |
| 118.76 | 90 days | 115.20 | about 90.67 |
Based on a normal probability distribution, the odds of Geojit Financial to stay above 115.20 in 90 days from now is about 90.67 (This Geojit Financial Services probability density function shows the probability of Geojit Stock to fall within a particular range of prices over 90 days) . Probability of Geojit Financial Services price to stay between 115.20 and its current price of 118.76 at the end of the 90-day period is nearly 4.09 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.85 . 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, Geojit Financial will likely underperform. Additionally Geojit Financial Services 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. Geojit Financial Price Density |
| Price |
Predictive Modules for Geojit Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Geojit Financial Services. 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.Geojit Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Geojit Financial is not an exception. The market had few large corrections towards the Geojit Financial'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 Geojit Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Geojit Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.85 | |
σ | Overall volatility | 16.63 | |
Ir | Information ratio | -0.03 |
Geojit Financial 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 Geojit Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Geojit Financial Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Geojit Financial generated a negative expected return over the last 90 days | |
| Geojit Financial has high historical volatility and very poor performance | |
| Geojit Financial generates negative cash flow from operations | |
| About 59.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Should You Be Adding Geojit Financial Services To Your Watchlist Today - Simply Wall St |
Geojit Financial 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 Geojit Stock often depends not only on the future outlook of the current and potential Geojit Financial'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. Geojit Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 239.1 M | |
| Cash And Short Term Investments | 2.3 B |
Geojit Financial Technical Analysis
Geojit Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Geojit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Geojit Financial Services. In general, you should focus on analyzing Geojit Stock price patterns and their correlations with different microeconomic environments and drivers.
Geojit Financial Predictive Forecast Models
Geojit Financial's time-series forecasting models is one of many Geojit Financial'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 Geojit Financial'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 Geojit Financial Services
Checking the ongoing alerts about Geojit Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Geojit Financial Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Geojit Financial generated a negative expected return over the last 90 days | |
| Geojit Financial has high historical volatility and very poor performance | |
| Geojit Financial generates negative cash flow from operations | |
| About 59.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Should You Be Adding Geojit Financial Services To Your Watchlist Today - Simply Wall St |
Other Information on Investing in Geojit Stock
Geojit Financial financial ratios help investors to determine whether Geojit 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 Geojit with respect to the benefits of owning Geojit Financial security.