Visa Steel (India) Probability of Future Stock Price Finishing Under 29.08
| VISASTEEL | 33.46 1.77 5.02% |
Visa |
Visa Steel Target Price Odds to finish below 29.08
The tendency of Visa 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 29.08 or more in 90 days |
| 33.46 | 90 days | 29.08 | about 31.26 |
Based on a normal probability distribution, the odds of Visa Steel to drop to 29.08 or more in 90 days from now is about 31.26 (This Visa Steel Limited probability density function shows the probability of Visa Stock to fall within a particular range of prices over 90 days) . Probability of Visa Steel Limited price to stay between 29.08 and its current price of 33.46 at the end of the 90-day period is about 40.63 .
Assuming the 90 days trading horizon Visa Steel Limited has a beta of -1.27. This entails as returns on its benchmark rise, returns on holding Visa Steel Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Visa Steel is expected to outperform its benchmark. Additionally Visa Steel Limited has an alpha of 0.8891, implying that it can generate a 0.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Visa Steel Price Density |
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Predictive Modules for Visa Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Visa Steel Limited. 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 Visa Steel'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.
Visa Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Visa Steel is not an exception. The market had few large corrections towards the Visa Steel'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 Visa Steel Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Visa Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.89 | |
β | Beta against Dow Jones | -1.27 | |
σ | Overall volatility | 4.10 | |
Ir | Information ratio | 0.21 |
Visa Steel 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 Visa Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Visa Steel Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Visa Steel Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.7 B. Net Loss for the year was (718.9 M) with profit before overhead, payroll, taxes, and interest of 3.18 B. | |
| About 82.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Stock market update Nifty Bank index advances 0.09 percent in an upbeat market - MSN |
Visa Steel 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 Visa Stock often depends not only on the future outlook of the current and potential Visa Steel'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. Visa Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 115.8 M | |
| Cash And Short Term Investments | 234 M |
Visa Steel Technical Analysis
Visa Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Visa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Visa Steel Limited. In general, you should focus on analyzing Visa Stock price patterns and their correlations with different microeconomic environments and drivers.
Visa Steel Predictive Forecast Models
Visa Steel's time-series forecasting models is one of many Visa Steel'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 Visa Steel'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 Visa Steel Limited
Checking the ongoing alerts about Visa Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Visa Steel Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Visa Steel Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.7 B. Net Loss for the year was (718.9 M) with profit before overhead, payroll, taxes, and interest of 3.18 B. | |
| About 82.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Stock market update Nifty Bank index advances 0.09 percent in an upbeat market - MSN |
Other Information on Investing in Visa Stock
Visa Steel financial ratios help investors to determine whether Visa 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 Visa with respect to the benefits of owning Visa Steel security.