MAKEINDIA (India) Probability of Future Etf Price Finishing Under 143.18
| MAKEINDIA | 142.74 1.60 1.13% |
MAKEINDIA |
MAKEINDIA Target Price Odds to finish below 143.18
The tendency of MAKEINDIA Etf 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 stay under 143.18 after 90 days |
| 142.74 | 90 days | 143.18 | about 16.85 |
Based on a normal probability distribution, the odds of MAKEINDIA to stay under 143.18 after 90 days from now is about 16.85 (This MAKEINDIA probability density function shows the probability of MAKEINDIA Etf to fall within a particular range of prices over 90 days) . Probability of MAKEINDIA price to stay between its current price of 142.74 and 143.18 at the end of the 90-day period is about 1.74 .
Assuming the 90 days trading horizon MAKEINDIA has a beta of 0.53. This indicates as returns on the market go up, MAKEINDIA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MAKEINDIA will be expected to be much smaller as well. Additionally MAKEINDIA 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. MAKEINDIA Price Density |
| Price |
Predictive Modules for MAKEINDIA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAKEINDIA. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.MAKEINDIA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAKEINDIA is not an exception. The market had few large corrections towards the MAKEINDIA'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 MAKEINDIA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAKEINDIA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 6.20 | |
Ir | Information ratio | -0.25 |
MAKEINDIA 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 MAKEINDIA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAKEINDIA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MAKEINDIA generated a negative expected return over the last 90 days |
MAKEINDIA Technical Analysis
MAKEINDIA's future price can be derived by breaking down and analyzing its technical indicators over time. MAKEINDIA Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAKEINDIA. In general, you should focus on analyzing MAKEINDIA Etf price patterns and their correlations with different microeconomic environments and drivers.
MAKEINDIA Predictive Forecast Models
MAKEINDIA's time-series forecasting models is one of many MAKEINDIA's etf 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 MAKEINDIA'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 etf market movement and maximize returns from investment trading.
Things to note about MAKEINDIA
Checking the ongoing alerts about MAKEINDIA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAKEINDIA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAKEINDIA generated a negative expected return over the last 90 days |