POWERGRID Infrastructure (India) Probability of Future Stock Price Finishing Over 83.94
| PGINVIT-IV | 86.62 0.47 0.55% |
POWERGRID |
POWERGRID Infrastructure Target Price Odds to finish over 83.94
The tendency of POWERGRID 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 stay above 83.94 in 90 days |
| 86.62 | 90 days | 83.94 | close to 99 |
Based on a normal probability distribution, the odds of POWERGRID Infrastructure to stay above 83.94 in 90 days from now is close to 99 (This POWERGRID Infrastructure Investment probability density function shows the probability of POWERGRID Stock to fall within a particular range of prices over 90 days) . Probability of POWERGRID Infrastructure price to stay between 83.94 and its current price of 86.62 at the end of the 90-day period is about 6.56 .
Assuming the 90 days trading horizon POWERGRID Infrastructure has a beta of 0.18 indicating as returns on the market go up, POWERGRID Infrastructure average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding POWERGRID Infrastructure Investment will be expected to be much smaller as well. Additionally POWERGRID Infrastructure Investment 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. POWERGRID Infrastructure Price Density |
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Predictive Modules for POWERGRID Infrastructure
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as POWERGRID Infrastructure. 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 POWERGRID Infrastructure's 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.
POWERGRID Infrastructure Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. POWERGRID Infrastructure is not an exception. The market had few large corrections towards the POWERGRID Infrastructure'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 POWERGRID Infrastructure Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of POWERGRID Infrastructure within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.38 |
POWERGRID Infrastructure 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 POWERGRID Infrastructure for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for POWERGRID Infrastructure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| POWERGRID Infrastructure generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Powergrid Infrastructure Investment Trust Hits 52-Week Low, Stock Call Strong Sell - MarketsMojo |
POWERGRID Infrastructure Technical Analysis
POWERGRID Infrastructure's future price can be derived by breaking down and analyzing its technical indicators over time. POWERGRID Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of POWERGRID Infrastructure Investment. In general, you should focus on analyzing POWERGRID Stock price patterns and their correlations with different microeconomic environments and drivers.
POWERGRID Infrastructure Predictive Forecast Models
POWERGRID Infrastructure's time-series forecasting models is one of many POWERGRID Infrastructure'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 POWERGRID Infrastructure'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 POWERGRID Infrastructure
Checking the ongoing alerts about POWERGRID Infrastructure for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for POWERGRID Infrastructure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| POWERGRID Infrastructure generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Powergrid Infrastructure Investment Trust Hits 52-Week Low, Stock Call Strong Sell - MarketsMojo |
Additional Tools for POWERGRID Stock Analysis
When running POWERGRID Infrastructure's price analysis, check to measure POWERGRID Infrastructure'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 POWERGRID Infrastructure is operating at the current time. Most of POWERGRID Infrastructure's value examination focuses on studying past and present price action to predict the probability of POWERGRID Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POWERGRID Infrastructure's price. Additionally, you may evaluate how the addition of POWERGRID Infrastructure to your portfolios can decrease your overall portfolio volatility.