ICICI Lombard (India) Probability of Future Stock Price Finishing Under 1440.05
| ICICIGI Stock | 1,949 2.85 0.15% |
ICICI |
ICICI Lombard Target Price Odds to finish below 1440.05
The tendency of ICICI 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 1,440 or more in 90 days |
| 1,949 | 90 days | 1,440 | near 1 |
Based on a normal probability distribution, the odds of ICICI Lombard to drop to 1,440 or more in 90 days from now is near 1 (This ICICI Lombard General probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) . Probability of ICICI Lombard General price to stay between 1,440 and its current price of 1948.65 at the end of the 90-day period is about 30.74 .
Assuming the 90 days trading horizon ICICI Lombard General has a beta of -0.11. This usually indicates as returns on the benchmark increase, returns on holding ICICI Lombard are expected to decrease at a much lower rate. During a bear market, however, ICICI Lombard General is likely to outperform the market. Additionally ICICI Lombard General 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. ICICI Lombard Price Density |
| Price |
Predictive Modules for ICICI Lombard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICICI Lombard General. 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.ICICI Lombard Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICICI Lombard is not an exception. The market had few large corrections towards the ICICI Lombard'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 ICICI Lombard General, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICICI Lombard within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 136.92 | |
Ir | Information ratio | -0.25 |
ICICI Lombard 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 ICICI Lombard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICICI Lombard General can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ICICI Lombard generated a negative expected return over the last 90 days | |
| ICICI Lombard is unlikely to experience financial distress in the next 2 years | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ICICI Lombard shares 1.1 percent as Nifty drops - The Economic Times |
ICICI Lombard 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 ICICI Stock often depends not only on the future outlook of the current and potential ICICI Lombard'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. ICICI Lombard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 494.7 M | |
| Cash And Short Term Investments | 36.1 B |
ICICI Lombard Technical Analysis
ICICI Lombard's future price can be derived by breaking down and analyzing its technical indicators over time. ICICI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICICI Lombard General. In general, you should focus on analyzing ICICI Stock price patterns and their correlations with different microeconomic environments and drivers.
ICICI Lombard Predictive Forecast Models
ICICI Lombard's time-series forecasting models is one of many ICICI Lombard'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 ICICI Lombard'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 ICICI Lombard General
Checking the ongoing alerts about ICICI Lombard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICICI Lombard General help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICICI Lombard generated a negative expected return over the last 90 days | |
| ICICI Lombard is unlikely to experience financial distress in the next 2 years | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ICICI Lombard shares 1.1 percent as Nifty drops - The Economic Times |
Other Information on Investing in ICICI Stock
ICICI Lombard financial ratios help investors to determine whether ICICI 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 ICICI with respect to the benefits of owning ICICI Lombard security.