Lux Industries (India) Probability of Future Stock Price Finishing Under 1420.15
| LUXIND Stock | 2,072 103.65 5.27% |
Lux |
Lux Industries Target Price Odds to finish below 1420.15
The tendency of Lux 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 1,420 or more in 90 days |
| 2,072 | 90 days | 1,420 | near 1 |
Based on a normal probability distribution, the odds of Lux Industries to drop to 1,420 or more in 90 days from now is near 1 (This Lux Industries Limited probability density function shows the probability of Lux Stock to fall within a particular range of prices over 90 days) . Probability of Lux Industries price to stay between 1,420 and its current price of 2072.1 at the end of the 90-day period is about 63.96 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.07 . This indicates Lux Industries Limited market returns are sensitive to returns on the market. As the market goes up or down, Lux Industries is expected to follow. Additionally Lux Industries 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. Lux Industries Price Density |
| Price |
Predictive Modules for Lux Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lux 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.Lux Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lux Industries is not an exception. The market had few large corrections towards the Lux Industries' 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 Lux Industries Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lux Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 153.88 | |
Ir | Information ratio | -0.11 |
Lux Industries 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 Lux Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lux 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.| Lux Industries generated a negative expected return over the last 90 days | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Is Lux Industries Limiteds Stock Price Struggling As A Result Of Its Mixed Financials - Simply Wall St |
Lux Industries 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 Lux Stock often depends not only on the future outlook of the current and potential Lux Industries' 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. Lux Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.1 M | |
| Cash And Short Term Investments | 2.6 B |
Lux Industries Technical Analysis
Lux Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Lux Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lux Industries Limited. In general, you should focus on analyzing Lux Stock price patterns and their correlations with different microeconomic environments and drivers.
Lux Industries Predictive Forecast Models
Lux Industries' time-series forecasting models is one of many Lux Industries' 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 Lux Industries' 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 Lux Industries
Checking the ongoing alerts about Lux Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lux Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lux Industries generated a negative expected return over the last 90 days | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Is Lux Industries Limiteds Stock Price Struggling As A Result Of Its Mixed Financials - Simply Wall St |
Other Information on Investing in Lux Stock
Lux Industries financial ratios help investors to determine whether Lux 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 Lux with respect to the benefits of owning Lux Industries security.