Indraprastha Gas (India) Probability of Future Stock Price Finishing Under 529.59
| IGL Stock | 392.80 6.80 1.76% |
Indraprastha |
Indraprastha Gas Target Price Odds to finish below 529.59
The tendency of Indraprastha 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 stay under 529.59 after 90 days |
| 392.80 | 90 days | 529.59 | about 84.79 |
Based on a normal probability distribution, the odds of Indraprastha Gas to stay under 529.59 after 90 days from now is about 84.79 (This Indraprastha Gas Limited probability density function shows the probability of Indraprastha Stock to fall within a particular range of prices over 90 days) . Probability of Indraprastha Gas price to stay between its current price of 392.80 and 529.59 at the end of the 90-day period is about 59.7 .
Assuming the 90 days trading horizon Indraprastha Gas has a beta of 0.57. This usually indicates as returns on the market go up, Indraprastha Gas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Indraprastha Gas Limited will be expected to be much smaller as well. Additionally Indraprastha Gas 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. Indraprastha Gas Price Density |
| Price |
Predictive Modules for Indraprastha Gas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indraprastha Gas. 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.Indraprastha Gas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indraprastha Gas is not an exception. The market had few large corrections towards the Indraprastha Gas' 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 Indraprastha Gas Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indraprastha Gas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 80.46 | |
Ir | Information ratio | -0.14 |
Indraprastha Gas 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 Indraprastha Gas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indraprastha Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indraprastha Gas generated a negative expected return over the last 90 days | |
| Indraprastha Gas has high historical volatility and very poor performance | |
| Indraprastha Gas is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Indraprastha Gas Ltd Announces 11 Bonus Share Issue - MSN |
Indraprastha Gas 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 Indraprastha Stock often depends not only on the future outlook of the current and potential Indraprastha Gas' 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. Indraprastha Gas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 700 M | |
| Cash And Short Term Investments | 30.1 B |
Indraprastha Gas Technical Analysis
Indraprastha Gas' future price can be derived by breaking down and analyzing its technical indicators over time. Indraprastha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indraprastha Gas Limited. In general, you should focus on analyzing Indraprastha Stock price patterns and their correlations with different microeconomic environments and drivers.
Indraprastha Gas Predictive Forecast Models
Indraprastha Gas' time-series forecasting models is one of many Indraprastha Gas' 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 Indraprastha Gas' 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 Indraprastha Gas
Checking the ongoing alerts about Indraprastha Gas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indraprastha Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indraprastha Gas generated a negative expected return over the last 90 days | |
| Indraprastha Gas has high historical volatility and very poor performance | |
| Indraprastha Gas is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Indraprastha Gas Ltd Announces 11 Bonus Share Issue - MSN |
Other Information on Investing in Indraprastha Stock
Indraprastha Gas financial ratios help investors to determine whether Indraprastha 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 Indraprastha with respect to the benefits of owning Indraprastha Gas security.