Niraj Ispat (India) Probability of Future Stock Price Finishing Under 210.02
| NIRAJISPAT | 214.42 0.00 0.00% |
Niraj |
Niraj Ispat Target Price Odds to finish below 210.02
The tendency of Niraj 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 210.02 or more in 90 days |
| 214.42 | 90 days | 210.02 | about 71.32 |
Based on a normal probability distribution, the odds of Niraj Ispat to drop to 210.02 or more in 90 days from now is about 71.32 (This Niraj Ispat Industries probability density function shows the probability of Niraj Stock to fall within a particular range of prices over 90 days) . Probability of Niraj Ispat Industries price to stay between 210.02 and its current price of 214.42 at the end of the 90-day period is about 9.81 .
Assuming the 90 days trading horizon Niraj Ispat has a beta of 0.25. This indicates as returns on the market go up, Niraj Ispat average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Niraj Ispat Industries will be expected to be much smaller as well. Additionally Niraj Ispat Industries has an alpha of 0.1429, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Niraj Ispat Price Density |
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Predictive Modules for Niraj Ispat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Niraj Ispat 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.Niraj Ispat Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Niraj Ispat is not an exception. The market had few large corrections towards the Niraj Ispat'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 Niraj Ispat Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Niraj Ispat within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 13.69 | |
Ir | Information ratio | 0.04 |
Niraj Ispat 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 Niraj Ispat for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Niraj Ispat 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.| Niraj Ispat generates negative cash flow from operations | |
| Latest headline from news.google.com: Niraj Ispat Standalone September 2024 Net Sales at Rs 1.03 crore, up 7.37 percent Y-o-Y - Moneycontrol |
Niraj Ispat 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 Niraj Stock often depends not only on the future outlook of the current and potential Niraj Ispat'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. Niraj Ispat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 600 K | |
| Cash And Short Term Investments | 134 K |
Niraj Ispat Technical Analysis
Niraj Ispat's future price can be derived by breaking down and analyzing its technical indicators over time. Niraj Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Niraj Ispat Industries. In general, you should focus on analyzing Niraj Stock price patterns and their correlations with different microeconomic environments and drivers.
Niraj Ispat Predictive Forecast Models
Niraj Ispat's time-series forecasting models is one of many Niraj Ispat'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 Niraj Ispat'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 Niraj Ispat Industries
Checking the ongoing alerts about Niraj Ispat for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Niraj Ispat Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Niraj Ispat generates negative cash flow from operations | |
| Latest headline from news.google.com: Niraj Ispat Standalone September 2024 Net Sales at Rs 1.03 crore, up 7.37 percent Y-o-Y - Moneycontrol |
Additional Tools for Niraj Stock Analysis
When running Niraj Ispat's price analysis, check to measure Niraj Ispat's 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 Niraj Ispat is operating at the current time. Most of Niraj Ispat's value examination focuses on studying past and present price action to predict the probability of Niraj Ispat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niraj Ispat's price. Additionally, you may evaluate how the addition of Niraj Ispat to your portfolios can decrease your overall portfolio volatility.