Nahar Industrial (India) Probability of Future Stock Price Finishing Under 116.8
| NAHARINDUS | 139.96 2.83 2.06% |
Nahar |
Nahar Industrial Target Price Odds to finish below 116.8
The tendency of Nahar 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 116.80 or more in 90 days |
| 139.96 | 90 days | 116.80 | near 1 |
Based on a normal probability distribution, the odds of Nahar Industrial to drop to 116.80 or more in 90 days from now is near 1 (This Nahar Industrial Enterprises probability density function shows the probability of Nahar Stock to fall within a particular range of prices over 90 days) . Probability of Nahar Industrial Ent price to stay between 116.80 and its current price of 139.96 at the end of the 90-day period is about 31.0 .
Assuming the 90 days trading horizon Nahar Industrial has a beta of 0.59. This indicates as returns on the market go up, Nahar Industrial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nahar Industrial Enterprises will be expected to be much smaller as well. Additionally Nahar Industrial Enterprises 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. Nahar Industrial Price Density |
| Price |
Predictive Modules for Nahar Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nahar Industrial Ent. 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.Nahar Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nahar Industrial is not an exception. The market had few large corrections towards the Nahar Industrial'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 Nahar Industrial Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nahar Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 8.05 | |
Ir | Information ratio | -0.17 |
Nahar Industrial 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 Nahar Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nahar Industrial Ent can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nahar Industrial Ent generated a negative expected return over the last 90 days | |
| Nahar Industrial Enterprises has accumulated about 26.82 M in cash with (916.53 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nahar Ent Standalone September 2024 Net Sales at Rs 355.91 crore, up 3.54 percent Y-o-Y - Moneycontrol |
Nahar Industrial 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 Nahar Stock often depends not only on the future outlook of the current and potential Nahar Industrial'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. Nahar Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.2 M | |
| Cash And Short Term Investments | 313.2 M |
Nahar Industrial Technical Analysis
Nahar Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Nahar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nahar Industrial Enterprises. In general, you should focus on analyzing Nahar Stock price patterns and their correlations with different microeconomic environments and drivers.
Nahar Industrial Predictive Forecast Models
Nahar Industrial's time-series forecasting models is one of many Nahar Industrial'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 Nahar Industrial'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 Nahar Industrial Ent
Checking the ongoing alerts about Nahar Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nahar Industrial Ent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nahar Industrial Ent generated a negative expected return over the last 90 days | |
| Nahar Industrial Enterprises has accumulated about 26.82 M in cash with (916.53 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nahar Ent Standalone September 2024 Net Sales at Rs 355.91 crore, up 3.54 percent Y-o-Y - Moneycontrol |
Other Information on Investing in Nahar Stock
Nahar Industrial financial ratios help investors to determine whether Nahar 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 Nahar with respect to the benefits of owning Nahar Industrial security.