JBM Auto (India) Odds of Future Stock Price Finishing Over 1980.2
| JBMA Stock | 1,737 125.30 7.77% |
JBM |
JBM Auto Target Price Odds to finish over 1980.2
The tendency of JBM 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 1,980 or more in 90 days |
| 1,737 | 90 days | 1,980 | nearly 4.87 |
Based on a normal probability distribution, the odds of JBM Auto to move over 1,980 or more in 90 days from now is nearly 4.87 (This JBM Auto Limited probability density function shows the probability of JBM Stock to fall within a particular range of prices over 90 days) . Probability of JBM Auto Limited price to stay between its current price of 1,737 and 1,980 at the end of the 90-day period is about 36.36 .
Assuming the 90 days trading horizon JBM Auto has a beta of 0.13. This indicates as returns on the market go up, JBM Auto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JBM Auto Limited will be expected to be much smaller as well. Additionally JBM Auto 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. JBM Auto Price Density |
| Price |
Predictive Modules for JBM 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 JBM Auto Limited. 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.JBM Auto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JBM Auto is not an exception. The market had few large corrections towards the JBM 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 JBM Auto Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JBM Auto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 169.14 | |
Ir | Information ratio | -0.12 |
JBM 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 JBM Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JBM Auto Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JBM Auto Limited generated a negative expected return over the last 90 days | |
| JBM Auto Limited is unlikely to experience financial distress in the next 2 years | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: JBM Autos Stock Performance Shows Positive Trend, Outperforms Sector and Sensex - MarketsMojo |
JBM 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 JBM Stock often depends not only on the future outlook of the current and potential JBM 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. JBM Auto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.2 M | |
| Cash And Short Term Investments | 464.1 M |
JBM Auto Technical Analysis
JBM Auto's future price can be derived by breaking down and analyzing its technical indicators over time. JBM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JBM Auto Limited. In general, you should focus on analyzing JBM Stock price patterns and their correlations with different microeconomic environments and drivers.
JBM Auto Predictive Forecast Models
JBM Auto's time-series forecasting models is one of many JBM 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 JBM 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 JBM Auto Limited
Checking the ongoing alerts about JBM Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JBM Auto Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JBM Auto Limited generated a negative expected return over the last 90 days | |
| JBM Auto Limited is unlikely to experience financial distress in the next 2 years | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: JBM Autos Stock Performance Shows Positive Trend, Outperforms Sector and Sensex - MarketsMojo |
Additional Tools for JBM Stock Analysis
When running JBM Auto's price analysis, check to measure JBM 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 JBM Auto is operating at the current time. Most of JBM Auto's value examination focuses on studying past and present price action to predict the probability of JBM 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 JBM Auto's price. Additionally, you may evaluate how the addition of JBM Auto to your portfolios can decrease your overall portfolio volatility.