ICICI Prudential (India) Probability of Future Etf Price Finishing Over 41.27
| ICICITECH | 43.65 0.00 0.00% |
ICICI |
ICICI Prudential Target Price Odds to finish over 41.27
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 above 41.27 in 90 days |
| 43.65 | 90 days | 41.27 | about 21.49 |
Based on a normal probability distribution, the odds of ICICI Prudential to stay above 41.27 in 90 days from now is about 21.49 (This ICICI Prudential Mutual probability density function shows the probability of ICICI Etf to fall within a particular range of prices over 90 days) . Probability of ICICI Prudential Mutual price to stay between 41.27 and its current price of 43.65 at the end of the 90-day period is about 16.28 .
Assuming the 90 days trading horizon ICICI Prudential has a beta of 0.4. This usually indicates as returns on the market go up, ICICI Prudential average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICICI Prudential Mutual will be expected to be much smaller as well. Additionally ICICI Prudential Mutual has an alpha of 0.1977, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 Mutual. 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 Mutual, 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 | 0.20 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 2.85 | |
Ir | Information ratio | 0.06 |
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 Mutual. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ICICI Prudential in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ICICI Prudential's short interest history, or implied volatility extrapolated from ICICI Prudential options trading.