Jindal Saw (India) Probability of Future Stock Price Finishing Under 271.94
| JINDALSAW | 306.60 0.10 0.03% |
Jindal |
Jindal Saw Target Price Odds to finish below 271.94
The tendency of Jindal 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 271.94 or more in 90 days |
| 306.60 | 90 days | 271.94 | near 1 |
Based on a normal probability distribution, the odds of Jindal Saw to drop to 271.94 or more in 90 days from now is near 1 (This Jindal Saw Limited probability density function shows the probability of Jindal Stock to fall within a particular range of prices over 90 days) . Probability of Jindal Saw Limited price to stay between 271.94 and its current price of 306.6 at the end of the 90-day period is about 10.57 .
Assuming the 90 days trading horizon Jindal Saw has a beta of 0.19. This indicates as returns on the market go up, Jindal Saw average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jindal Saw Limited will be expected to be much smaller as well. Additionally Jindal Saw 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. Jindal Saw Price Density |
| Price |
Predictive Modules for Jindal Saw
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jindal Saw 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.Jindal Saw Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jindal Saw is not an exception. The market had few large corrections towards the Jindal Saw'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 Jindal Saw Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jindal Saw within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 25.68 | |
Ir | Information ratio | -0.12 |
Jindal Saw 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 Jindal Saw for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jindal Saw 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.| Jindal Saw Limited generated a negative expected return over the last 90 days | |
| Jindal Saw Limited is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company shares are held by company insiders |
Jindal Saw 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 Jindal Stock often depends not only on the future outlook of the current and potential Jindal Saw'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. Jindal Saw's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 636.7 M | |
| Cash And Short Term Investments | 7.5 B |
Jindal Saw Technical Analysis
Jindal Saw's future price can be derived by breaking down and analyzing its technical indicators over time. Jindal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jindal Saw Limited. In general, you should focus on analyzing Jindal Stock price patterns and their correlations with different microeconomic environments and drivers.
Jindal Saw Predictive Forecast Models
Jindal Saw's time-series forecasting models is one of many Jindal Saw'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 Jindal Saw'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 Jindal Saw Limited
Checking the ongoing alerts about Jindal Saw for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jindal Saw Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jindal Saw Limited generated a negative expected return over the last 90 days | |
| Jindal Saw Limited is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company shares are held by company insiders |
Additional Tools for Jindal Stock Analysis
When running Jindal Saw's price analysis, check to measure Jindal Saw'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 Jindal Saw is operating at the current time. Most of Jindal Saw's value examination focuses on studying past and present price action to predict the probability of Jindal Saw's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindal Saw's price. Additionally, you may evaluate how the addition of Jindal Saw to your portfolios can decrease your overall portfolio volatility.