TTK Healthcare (India) Probability of Future Stock Price Finishing Under 1224.97
| TTKHLTCARE | 1,458 12.90 0.88% |
TTK |
TTK Healthcare Target Price Odds to finish below 1224.97
The tendency of TTK 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 1,225 or more in 90 days |
| 1,458 | 90 days | 1,225 | near 1 |
Based on a normal probability distribution, the odds of TTK Healthcare to drop to 1,225 or more in 90 days from now is near 1 (This TTK Healthcare Limited probability density function shows the probability of TTK Stock to fall within a particular range of prices over 90 days) . Probability of TTK Healthcare price to stay between 1,225 and its current price of 1458.3 at the end of the 90-day period is about 7.02 .
Assuming the 90 days trading horizon TTK Healthcare has a beta of 0.0554. This usually implies as returns on the market go up, TTK Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TTK Healthcare Limited will be expected to be much smaller as well. Additionally TTK Healthcare 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. TTK Healthcare Price Density |
| Price |
Predictive Modules for TTK Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TTK Healthcare. 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.TTK Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TTK Healthcare is not an exception. The market had few large corrections towards the TTK Healthcare'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 TTK Healthcare Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TTK Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 99.20 | |
Ir | Information ratio | -0.14 |
TTK Healthcare 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 TTK Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TTK Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TTK Healthcare generated a negative expected return over the last 90 days | |
| TTK Healthcare generates negative cash flow from operations | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TTK Healthcare Downgraded to Sell by MarketsMOJO What Investors Need to Know - MarketsMojo |
TTK Healthcare 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 TTK Stock often depends not only on the future outlook of the current and potential TTK Healthcare'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. TTK Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.1 M | |
| Cash And Short Term Investments | 8.5 B |
TTK Healthcare Technical Analysis
TTK Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. TTK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TTK Healthcare Limited. In general, you should focus on analyzing TTK Stock price patterns and their correlations with different microeconomic environments and drivers.
TTK Healthcare Predictive Forecast Models
TTK Healthcare's time-series forecasting models is one of many TTK Healthcare'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 TTK Healthcare'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 TTK Healthcare
Checking the ongoing alerts about TTK Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TTK Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TTK Healthcare generated a negative expected return over the last 90 days | |
| TTK Healthcare generates negative cash flow from operations | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TTK Healthcare Downgraded to Sell by MarketsMOJO What Investors Need to Know - MarketsMojo |
Other Information on Investing in TTK Stock
TTK Healthcare financial ratios help investors to determine whether TTK 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 TTK with respect to the benefits of owning TTK Healthcare security.