India Globalization Capital Stock Probability of Future Stock Price Finishing Over 1.01
| IGC Stock | USD 0.37 0.01 2.63% |
India |
India Globalization Target Price Odds to finish over 1.01
The tendency of India 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 move over $ 1.01 or more in 90 days |
| 0.37 | 90 days | 1.01 | close to zero percent |
Based on a normal probability distribution, the odds of India Globalization to move over $ 1.01 or more in 90 days from now is close to zero percent (This India Globalization Capital probability density function shows the probability of India Stock to fall within a particular range of prices over 90 days) . Probability of India Globalization price to stay between its current price of $ 0.37 and $ 1.01 at the end of the 90-day period is about 50.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.37 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, India Globalization will likely underperform. Additionally India Globalization Capital 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. India Globalization Price Density |
| Price |
Predictive Modules for India Globalization
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as India Globalization. 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.India Globalization Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. India Globalization is not an exception. The market had few large corrections towards the India Globalization'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 India Globalization Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of India Globalization within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.37 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.0043 |
India Globalization 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 India Globalization for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for India Globalization can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| India Globalization has some characteristics of a very speculative penny stock | |
| India Globalization had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 1.34 M. Reported Net Loss for the year was (13 M) with profit before taxes, overhead, and interest of 442 K. | |
| India Globalization Capital has about 3.2 M in cash with (5.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Latest headline from businesswire.com: IGC Pharma Announces Additional Phase 2 Interim Results Highlighting Cognitive Benefits of IGC-AD1 for Alzheimers Treatment |
India Globalization 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 India Stock often depends not only on the future outlook of the current and potential India Globalization'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. India Globalization's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.8 M | |
| Cash And Short Term Investments | 1.2 M |
India Globalization Technical Analysis
India Globalization's future price can be derived by breaking down and analyzing its technical indicators over time. India Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of India Globalization Capital. In general, you should focus on analyzing India Stock price patterns and their correlations with different microeconomic environments and drivers.
India Globalization Predictive Forecast Models
India Globalization's time-series forecasting models is one of many India Globalization'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 India Globalization'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 India Globalization
Checking the ongoing alerts about India Globalization for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for India Globalization help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| India Globalization has some characteristics of a very speculative penny stock | |
| India Globalization had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 1.34 M. Reported Net Loss for the year was (13 M) with profit before taxes, overhead, and interest of 442 K. | |
| India Globalization Capital has about 3.2 M in cash with (5.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Latest headline from businesswire.com: IGC Pharma Announces Additional Phase 2 Interim Results Highlighting Cognitive Benefits of IGC-AD1 for Alzheimers Treatment |
Check out India Globalization Backtesting, India Globalization Valuation, India Globalization Correlation, India Globalization Hype Analysis, India Globalization Volatility, India Globalization History as well as India Globalization Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Revenue Per Share 0.017 | Quarterly Revenue Growth (0.51) | Return On Assets (0.48) | Return On Equity (1.26) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.