Indian Oil (India) Probability of Future Stock Price Finishing Under 135.42
| IOC Stock | 138.63 0.39 0.28% |
Indian |
Indian Oil Target Price Odds to finish below 135.42
The tendency of Indian 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 135.42 or more in 90 days |
| 138.63 | 90 days | 135.42 | about 6.52 |
Based on a normal probability distribution, the odds of Indian Oil to drop to 135.42 or more in 90 days from now is about 6.52 (This Indian Oil probability density function shows the probability of Indian Stock to fall within a particular range of prices over 90 days) . Probability of Indian Oil price to stay between 135.42 and its current price of 138.63 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Indian Oil has a beta of 0.0651. This usually indicates as returns on the market go up, Indian Oil average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Indian Oil will be expected to be much smaller as well. Additionally Indian Oil 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. Indian Oil Price Density |
| Price |
Predictive Modules for Indian Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indian Oil. 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.Indian Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indian Oil is not an exception. The market had few large corrections towards the Indian Oil'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 Indian Oil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indian Oil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 15.83 | |
Ir | Information ratio | -0.26 |
Indian Oil 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 Indian Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indian Oil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indian Oil generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Indian Oil Corp. share price up 1.18 per cent - The Economic Times |
Indian Oil 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 Indian Stock often depends not only on the future outlook of the current and potential Indian Oil'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. Indian Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.8 B | |
| Cash And Short Term Investments | 134.2 B |
Indian Oil Technical Analysis
Indian Oil's future price can be derived by breaking down and analyzing its technical indicators over time. Indian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indian Oil. In general, you should focus on analyzing Indian Stock price patterns and their correlations with different microeconomic environments and drivers.
Indian Oil Predictive Forecast Models
Indian Oil's time-series forecasting models is one of many Indian Oil'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 Indian Oil'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 Indian Oil
Checking the ongoing alerts about Indian Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indian Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indian Oil generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Indian Oil Corp. share price up 1.18 per cent - The Economic Times |
Other Information on Investing in Indian Stock
Indian Oil financial ratios help investors to determine whether Indian 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 Indian with respect to the benefits of owning Indian Oil security.