Zodiac Clothing (India) Probability of Future Stock Price Finishing Under 126.9
| ZODIACLOTH | 138.55 1.03 0.74% |
Zodiac |
Zodiac Clothing Target Price Odds to finish below 126.9
The tendency of Zodiac 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 126.90 or more in 90 days |
| 138.55 | 90 days | 126.90 | about 79.75 |
Based on a normal probability distribution, the odds of Zodiac Clothing to drop to 126.90 or more in 90 days from now is about 79.75 (This Zodiac Clothing probability density function shows the probability of Zodiac Stock to fall within a particular range of prices over 90 days) . Probability of Zodiac Clothing price to stay between 126.90 and its current price of 138.55 at the end of the 90-day period is about 19.65 .
Assuming the 90 days trading horizon Zodiac Clothing has a beta of 0.53. This usually means as returns on the market go up, Zodiac Clothing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zodiac Clothing will be expected to be much smaller as well. Additionally Zodiac Clothing has an alpha of 0.1269, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zodiac Clothing Price Density |
| Price |
Predictive Modules for Zodiac Clothing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zodiac Clothing. 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.Zodiac Clothing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zodiac Clothing is not an exception. The market had few large corrections towards the Zodiac Clothing'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 Zodiac Clothing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zodiac Clothing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 6.51 | |
Ir | Information ratio | 0.04 |
Zodiac Clothing 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 Zodiac Clothing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zodiac Clothing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 1.41 B. Net Loss for the year was (363.73 M) with profit before overhead, payroll, taxes, and interest of 1.04 B. | |
| Zodiac Clothing has accumulated about 3.8 M in cash with (54.67 M) of positive cash flow from operations. | |
| Roughly 77.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Risks To Shareholder Returns Are Elevated At These Prices For Zodiac Clothing Company Limited - Simply Wall St |
Zodiac Clothing 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 Zodiac Stock often depends not only on the future outlook of the current and potential Zodiac Clothing'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. Zodiac Clothing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26 M | |
| Cash And Short Term Investments | 282.1 M |
Zodiac Clothing Technical Analysis
Zodiac Clothing's future price can be derived by breaking down and analyzing its technical indicators over time. Zodiac Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zodiac Clothing. In general, you should focus on analyzing Zodiac Stock price patterns and their correlations with different microeconomic environments and drivers.
Zodiac Clothing Predictive Forecast Models
Zodiac Clothing's time-series forecasting models is one of many Zodiac Clothing'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 Zodiac Clothing'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 Zodiac Clothing
Checking the ongoing alerts about Zodiac Clothing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zodiac Clothing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 1.41 B. Net Loss for the year was (363.73 M) with profit before overhead, payroll, taxes, and interest of 1.04 B. | |
| Zodiac Clothing has accumulated about 3.8 M in cash with (54.67 M) of positive cash flow from operations. | |
| Roughly 77.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Risks To Shareholder Returns Are Elevated At These Prices For Zodiac Clothing Company Limited - Simply Wall St |
Other Information on Investing in Zodiac Stock
Zodiac Clothing financial ratios help investors to determine whether Zodiac 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 Zodiac with respect to the benefits of owning Zodiac Clothing security.