Nazara Technologies (India) Probability of Future Stock Price Finishing Under 897.36
| NAZARA Stock | 920.05 12.35 1.36% |
Nazara |
Nazara Technologies Target Price Odds to finish below 897.36
The tendency of Nazara 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 897.36 or more in 90 days |
| 920.05 | 90 days | 897.36 | about 17.04 |
Based on a normal probability distribution, the odds of Nazara Technologies to drop to 897.36 or more in 90 days from now is about 17.04 (This Nazara Technologies Limited probability density function shows the probability of Nazara Stock to fall within a particular range of prices over 90 days) . Probability of Nazara Technologies price to stay between 897.36 and its current price of 920.05 at the end of the 90-day period is about 13.28 .
Assuming the 90 days trading horizon Nazara Technologies has a beta of 0.67. This indicates as returns on the market go up, Nazara Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nazara Technologies Limited will be expected to be much smaller as well. Additionally Nazara Technologies 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. Nazara Technologies Price Density |
| Price |
Predictive Modules for Nazara 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 Nazara 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.Nazara Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nazara Technologies is not an exception. The market had few large corrections towards the Nazara 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 Nazara Technologies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nazara Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 52.04 | |
Ir | Information ratio | -0.06 |
Nazara 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 Nazara Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nazara 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.| Nazara Technologies generated a negative expected return over the last 90 days | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Nazara 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 Nazara Stock often depends not only on the future outlook of the current and potential Nazara 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. Nazara Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.3 M | |
| Cash And Short Term Investments | 15 B |
Nazara Technologies Technical Analysis
Nazara Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Nazara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nazara Technologies Limited. In general, you should focus on analyzing Nazara Stock price patterns and their correlations with different microeconomic environments and drivers.
Nazara Technologies Predictive Forecast Models
Nazara Technologies' time-series forecasting models is one of many Nazara 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 Nazara 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 Nazara Technologies
Checking the ongoing alerts about Nazara Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nazara Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nazara Technologies generated a negative expected return over the last 90 days | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nazara Stock
Nazara Technologies financial ratios help investors to determine whether Nazara 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 Nazara with respect to the benefits of owning Nazara Technologies security.