Lytus Technologies Holdings Stock Probability of Future Stock Price Finishing Under 1.63
| LYT Stock | USD 1.63 0.02 1.24% |
Lytus |
Lytus Technologies Target Price Odds to finish below 1.63
The tendency of Lytus 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 below current price in 90 days |
| 1.63 | 90 days | 1.63 | about 10.49 |
Based on a normal probability distribution, the odds of Lytus Technologies to move below current price in 90 days from now is about 10.49 (This Lytus Technologies Holdings probability density function shows the probability of Lytus Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Lytus Technologies has a beta of 0.51. This indicates as returns on the market go up, Lytus Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lytus Technologies Holdings will be expected to be much smaller as well. Additionally Lytus Technologies Holdings 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. Lytus Technologies Price Density |
| Price |
Predictive Modules for Lytus Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lytus Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lytus Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lytus Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lytus Technologies is not an exception. The market had few large corrections towards the Lytus Technologies' 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 Lytus Technologies Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lytus Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.07 |
Lytus Technologies 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 Lytus Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lytus Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lytus Technologies generated a negative expected return over the last 90 days | |
| Lytus Technologies may become a speculative penny stock | |
| Lytus Technologies has high historical volatility and very poor performance | |
| Lytus Technologies has a strong financial position based on the latest SEC filings | |
| About 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Potential Upside For Lytus Technologies Holdings PTV. Ltd. Not Without Risk |
Lytus Technologies 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 Lytus Stock often depends not only on the future outlook of the current and potential Lytus Technologies' 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. Lytus Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 967.5 K | |
| Cash And Short Term Investments | 246.4 K |
Lytus Technologies Technical Analysis
Lytus Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Lytus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lytus Technologies Holdings. In general, you should focus on analyzing Lytus Stock price patterns and their correlations with different microeconomic environments and drivers.
Lytus Technologies Predictive Forecast Models
Lytus Technologies' time-series forecasting models is one of many Lytus Technologies' 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 Lytus Technologies' 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 Lytus Technologies
Checking the ongoing alerts about Lytus Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lytus Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lytus Technologies generated a negative expected return over the last 90 days | |
| Lytus Technologies may become a speculative penny stock | |
| Lytus Technologies has high historical volatility and very poor performance | |
| Lytus Technologies has a strong financial position based on the latest SEC filings | |
| About 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Potential Upside For Lytus Technologies Holdings PTV. Ltd. Not Without Risk |
Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.