Imagicaaworld Entertainment (India) Probability of Future Stock Price Finishing Under 61.96
| IMAGICAA | 74.22 1.46 2.01% |
Imagicaaworld |
Imagicaaworld Entertainment Target Price Odds to finish below 61.96
The tendency of Imagicaaworld 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 61.96 or more in 90 days |
| 74.22 | 90 days | 61.96 | near 1 |
Based on a normal probability distribution, the odds of Imagicaaworld Entertainment to drop to 61.96 or more in 90 days from now is near 1 (This Imagicaaworld Entertainment Limited probability density function shows the probability of Imagicaaworld Stock to fall within a particular range of prices over 90 days) . Probability of Imagicaaworld Entertainment price to stay between 61.96 and its current price of 74.22 at the end of the 90-day period is about 20.24 .
Assuming the 90 days trading horizon Imagicaaworld Entertainment has a beta of 0.0752. This usually indicates as returns on the market go up, Imagicaaworld Entertainment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Imagicaaworld Entertainment Limited will be expected to be much smaller as well. Additionally Imagicaaworld Entertainment 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. Imagicaaworld Entertainment Price Density |
| Price |
Predictive Modules for Imagicaaworld Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imagicaaworld Entertainment. 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.Imagicaaworld Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Imagicaaworld Entertainment is not an exception. The market had few large corrections towards the Imagicaaworld Entertainment'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 Imagicaaworld Entertainment Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Imagicaaworld Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 6.94 | |
Ir | Information ratio | -0.17 |
Imagicaaworld Entertainment 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 Imagicaaworld Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Imagicaaworld Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Imagicaaworld Entertainment generated a negative expected return over the last 90 days | |
| About 78.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Buy Imagicaaworld Entertainment target of Rs 110 Prabhudas Lilladher - Moneycontrol |
Imagicaaworld Entertainment 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 Imagicaaworld Stock often depends not only on the future outlook of the current and potential Imagicaaworld Entertainment'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. Imagicaaworld Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 503.2 M | |
| Cash And Short Term Investments | 999.8 M |
Imagicaaworld Entertainment Technical Analysis
Imagicaaworld Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Imagicaaworld Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Imagicaaworld Entertainment Limited. In general, you should focus on analyzing Imagicaaworld Stock price patterns and their correlations with different microeconomic environments and drivers.
Imagicaaworld Entertainment Predictive Forecast Models
Imagicaaworld Entertainment's time-series forecasting models is one of many Imagicaaworld Entertainment'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 Imagicaaworld Entertainment'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 Imagicaaworld Entertainment
Checking the ongoing alerts about Imagicaaworld Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Imagicaaworld Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Imagicaaworld Entertainment generated a negative expected return over the last 90 days | |
| About 78.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Buy Imagicaaworld Entertainment target of Rs 110 Prabhudas Lilladher - Moneycontrol |
Other Information on Investing in Imagicaaworld Stock
Imagicaaworld Entertainment financial ratios help investors to determine whether Imagicaaworld 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 Imagicaaworld with respect to the benefits of owning Imagicaaworld Entertainment security.