ICICI Prudential (India) Probability of Future Etf Price Finishing Under 29.19
| ICICIM150 | 21.66 0.00 0.00% |
ICICI |
ICICI Prudential Target Price Odds to finish below 29.19
The tendency of ICICI Etf 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 under 29.19 after 90 days |
| 21.66 | 90 days | 29.19 | about 6.54 |
Based on a normal probability distribution, the odds of ICICI Prudential to stay under 29.19 after 90 days from now is about 6.54 (This ICICI Prudential Amc probability density function shows the probability of ICICI Etf to fall within a particular range of prices over 90 days) . Probability of ICICI Prudential Amc price to stay between its current price of 21.66 and 29.19 at the end of the 90-day period is about 1.31 .
Assuming the 90 days trading horizon ICICI Prudential Amc has a beta of -2.04. This usually indicates as returns on its benchmark rise, returns on holding ICICI Prudential Amc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ICICI Prudential is expected to outperform its benchmark. Additionally ICICI Prudential Amc 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 Prudential Price Density |
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Predictive Modules for ICICI Prudential
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 Prudential Amc. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Prudential Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICICI Prudential is not an exception. The market had few large corrections towards the ICICI Prudential'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 Prudential Amc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICICI Prudential within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.07 | |
β | Beta against Dow Jones | -2.04 | |
σ | Overall volatility | 67.61 | |
Ir | Information ratio | -0.14 |
ICICI Prudential 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 Prudential for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICICI Prudential Amc 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 Prudential Amc generated a negative expected return over the last 90 days | |
| ICICI Prudential Amc has high historical volatility and very poor performance |
ICICI Prudential Technical Analysis
ICICI Prudential's future price can be derived by breaking down and analyzing its technical indicators over time. ICICI Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICICI Prudential Amc. In general, you should focus on analyzing ICICI Etf price patterns and their correlations with different microeconomic environments and drivers.
ICICI Prudential Predictive Forecast Models
ICICI Prudential's time-series forecasting models is one of many ICICI Prudential's etf 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 Prudential'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 etf market movement and maximize returns from investment trading.
Things to note about ICICI Prudential Amc
Checking the ongoing alerts about ICICI Prudential for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICICI Prudential Amc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICICI Prudential Amc generated a negative expected return over the last 90 days | |
| ICICI Prudential Amc has high historical volatility and very poor performance |