HFCL (India) Chance of Future Stock Price Finishing Under 123.79
| HFCL Stock | 129.09 4.10 3.08% |
HFCL |
HFCL Target Price Odds to finish below 123.79
The tendency of HFCL 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 123.79 or more in 90 days |
| 129.09 | 90 days | 123.79 | about 15.96 |
Based on a normal probability distribution, the odds of HFCL to drop to 123.79 or more in 90 days from now is about 15.96 (This HFCL Limited probability density function shows the probability of HFCL Stock to fall within a particular range of prices over 90 days) . Probability of HFCL Limited price to stay between 123.79 and its current price of 129.09 at the end of the 90-day period is about 11.2 .
Assuming the 90 days trading horizon HFCL has a beta of 0.57. This usually indicates as returns on the market go up, HFCL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HFCL Limited will be expected to be much smaller as well. Additionally HFCL 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. HFCL Price Density |
| Price |
Predictive Modules for HFCL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HFCL 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.HFCL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HFCL is not an exception. The market had few large corrections towards the HFCL'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 HFCL Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HFCL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 13.69 | |
Ir | Information ratio | -0.09 |
HFCL 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 HFCL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HFCL 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.| HFCL Limited generated a negative expected return over the last 90 days | |
| HFCL Limited has high historical volatility and very poor performance | |
| HFCL Limited has accumulated about 636.7 M in cash with (448.8 M) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HFCL Stock Sees Positive Trend and Potential Reversal on November 14, 2024 - MarketsMojo |
HFCL 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 HFCL Stock often depends not only on the future outlook of the current and potential HFCL'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. HFCL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B | |
| Cash And Short Term Investments | 3.4 B |
HFCL Technical Analysis
HFCL's future price can be derived by breaking down and analyzing its technical indicators over time. HFCL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HFCL Limited. In general, you should focus on analyzing HFCL Stock price patterns and their correlations with different microeconomic environments and drivers.
HFCL Predictive Forecast Models
HFCL's time-series forecasting models is one of many HFCL'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 HFCL'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 HFCL Limited
Checking the ongoing alerts about HFCL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HFCL Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HFCL Limited generated a negative expected return over the last 90 days | |
| HFCL Limited has high historical volatility and very poor performance | |
| HFCL Limited has accumulated about 636.7 M in cash with (448.8 M) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HFCL Stock Sees Positive Trend and Potential Reversal on November 14, 2024 - MarketsMojo |
Additional Tools for HFCL Stock Analysis
When running HFCL's price analysis, check to measure HFCL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HFCL is operating at the current time. Most of HFCL's value examination focuses on studying past and present price action to predict the probability of HFCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HFCL's price. Additionally, you may evaluate how the addition of HFCL to your portfolios can decrease your overall portfolio volatility.