Le Travenues (India) Probability of Future Stock Price Finishing Over 145.31
| IXIGO Stock | 140.03 2.16 1.52% |
IXIGO |
Le Travenues Target Price Odds to finish over 145.31
The tendency of IXIGO 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 145.31 or more in 90 days |
| 140.03 | 90 days | 145.31 | about 77.13 |
Based on a normal probability distribution, the odds of Le Travenues to move over 145.31 or more in 90 days from now is about 77.13 (This Le Travenues Technology probability density function shows the probability of IXIGO Stock to fall within a particular range of prices over 90 days) . Probability of Le Travenues Technology price to stay between its current price of 140.03 and 145.31 at the end of the 90-day period is about 14.76 .
Assuming the 90 days trading horizon Le Travenues has a beta of 0.0675. This usually indicates as returns on the market go up, Le Travenues average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Le Travenues Technology will be expected to be much smaller as well. Additionally Le Travenues Technology 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. Le Travenues Price Density |
| Price |
Predictive Modules for Le Travenues
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Le Travenues Technology. 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.Le Travenues Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Le Travenues is not an exception. The market had few large corrections towards the Le Travenues' 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 Le Travenues Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Le Travenues within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 8.06 | |
Ir | Information ratio | -0.15 |
Le Travenues 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 Le Travenues for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Le Travenues Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Le Travenues generated a negative expected return over the last 90 days | |
| About 36.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Le Travenues Technologys Stock Sees 5.34 percent Increase, Outperforms Sector and Sensex - MarketsMojo |
Le Travenues 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 IXIGO Stock often depends not only on the future outlook of the current and potential Le Travenues' 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. Le Travenues' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 98 M |
Le Travenues Technical Analysis
Le Travenues' future price can be derived by breaking down and analyzing its technical indicators over time. IXIGO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Le Travenues Technology. In general, you should focus on analyzing IXIGO Stock price patterns and their correlations with different microeconomic environments and drivers.
Le Travenues Predictive Forecast Models
Le Travenues' time-series forecasting models is one of many Le Travenues' 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 Le Travenues' 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 Le Travenues Technology
Checking the ongoing alerts about Le Travenues for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Le Travenues Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Le Travenues generated a negative expected return over the last 90 days | |
| About 36.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Le Travenues Technologys Stock Sees 5.34 percent Increase, Outperforms Sector and Sensex - MarketsMojo |
Other Information on Investing in IXIGO Stock
Le Travenues financial ratios help investors to determine whether IXIGO 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 IXIGO with respect to the benefits of owning Le Travenues security.