Healthcare Global (India) Probability of Future Stock Price Finishing Under 364.49
| HCG Stock | 503.60 2.10 0.42% |
Healthcare |
Healthcare Global Target Price Odds to finish below 364.49
The tendency of Healthcare 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 364.49 or more in 90 days |
| 503.60 | 90 days | 364.49 | near 1 |
Based on a normal probability distribution, the odds of Healthcare Global to drop to 364.49 or more in 90 days from now is near 1 (This Healthcare Global Enterprises probability density function shows the probability of Healthcare Stock to fall within a particular range of prices over 90 days) . Probability of Healthcare Global price to stay between 364.49 and its current price of 503.6 at the end of the 90-day period is about 99.0 .
Assuming the 90 days trading horizon Healthcare Global Enterprises has a beta of -0.17. This usually indicates as returns on the benchmark increase, returns on holding Healthcare Global are expected to decrease at a much lower rate. During a bear market, however, Healthcare Global Enterprises is likely to outperform the market. Additionally Healthcare Global Enterprises has an alpha of 0.3993, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Healthcare Global Price Density |
| Price |
Predictive Modules for Healthcare Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Healthcare Global. 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.Healthcare Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Healthcare Global is not an exception. The market had few large corrections towards the Healthcare Global'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 Healthcare Global Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Healthcare Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 28.25 | |
Ir | Information ratio | 0.14 |
Healthcare Global 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 Healthcare Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Healthcare Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HealthCare Global Enterprises Limited Reports Earnings Results for the First Quarter Ended June 30, 2024 - Marketscreener.com |
Healthcare Global 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 Healthcare Stock often depends not only on the future outlook of the current and potential Healthcare Global'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. Healthcare Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.4 M | |
| Cash And Short Term Investments | 3 B |
Healthcare Global Technical Analysis
Healthcare Global's future price can be derived by breaking down and analyzing its technical indicators over time. Healthcare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Healthcare Global Enterprises. In general, you should focus on analyzing Healthcare Stock price patterns and their correlations with different microeconomic environments and drivers.
Healthcare Global Predictive Forecast Models
Healthcare Global's time-series forecasting models is one of many Healthcare Global'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 Healthcare Global'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 Healthcare Global
Checking the ongoing alerts about Healthcare Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Healthcare Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HealthCare Global Enterprises Limited Reports Earnings Results for the First Quarter Ended June 30, 2024 - Marketscreener.com |
Other Information on Investing in Healthcare Stock
Healthcare Global financial ratios help investors to determine whether Healthcare 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 Healthcare with respect to the benefits of owning Healthcare Global security.