Jamna Auto (India) Probability of Future Stock Price Finishing Under 99.83
| JAMNAAUTO | 105.54 2.57 2.50% |
Jamna |
Jamna Auto Target Price Odds to finish below 99.83
The tendency of Jamna 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 99.83 or more in 90 days |
| 105.54 | 90 days | 99.83 | nearly 4.63 |
Based on a normal probability distribution, the odds of Jamna Auto to drop to 99.83 or more in 90 days from now is nearly 4.63 (This Jamna Auto Industries probability density function shows the probability of Jamna Stock to fall within a particular range of prices over 90 days) . Probability of Jamna Auto Industries price to stay between 99.83 and its current price of 105.54 at the end of the 90-day period is about 10.65 .
Assuming the 90 days trading horizon Jamna Auto has a beta of 0.23. This indicates as returns on the market go up, Jamna Auto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jamna Auto Industries will be expected to be much smaller as well. Additionally Jamna Auto Industries 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. Jamna Auto Price Density |
| Price |
Predictive Modules for Jamna Auto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jamna Auto Industries. 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.Jamna Auto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jamna Auto is not an exception. The market had few large corrections towards the Jamna Auto'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 Jamna Auto Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jamna Auto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 8.72 | |
Ir | Information ratio | -0.14 |
Jamna Auto 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 Jamna Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jamna Auto Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jamna Auto generated a negative expected return over the last 90 days | |
| Jamna Auto is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are held by company insiders |
Jamna Auto 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 Jamna Stock often depends not only on the future outlook of the current and potential Jamna Auto'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. Jamna Auto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 399.6 M | |
| Cash And Short Term Investments | 804.4 M |
Jamna Auto Technical Analysis
Jamna Auto's future price can be derived by breaking down and analyzing its technical indicators over time. Jamna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jamna Auto Industries. In general, you should focus on analyzing Jamna Stock price patterns and their correlations with different microeconomic environments and drivers.
Jamna Auto Predictive Forecast Models
Jamna Auto's time-series forecasting models is one of many Jamna Auto'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 Jamna Auto'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 Jamna Auto Industries
Checking the ongoing alerts about Jamna Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jamna Auto Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jamna Auto generated a negative expected return over the last 90 days | |
| Jamna Auto is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are held by company insiders |
Additional Tools for Jamna Stock Analysis
When running Jamna Auto's price analysis, check to measure Jamna Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jamna Auto is operating at the current time. Most of Jamna Auto's value examination focuses on studying past and present price action to predict the probability of Jamna Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jamna Auto's price. Additionally, you may evaluate how the addition of Jamna Auto to your portfolios can decrease your overall portfolio volatility.