Electrosteel Castings (India) Price Prediction
| ELECTCAST | 144.07 0.86 0.59% |
Oversold Vs Overbought
25
Oversold | Overbought |
Quarterly Earnings Growth (0.14) | Quarterly Revenue Growth (0.05) |
Using Electrosteel Castings hype-based prediction, you can estimate the value of Electrosteel Castings Limited from the perspective of Electrosteel Castings response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Electrosteel Castings to buy its stock at a price that has no basis in reality. In that case, they are not buying Electrosteel because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Electrosteel Castings after-hype prediction price | INR 142.39 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Electrosteel |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electrosteel Castings' 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.
Electrosteel Castings After-Hype Price Prediction Density Analysis
As far as predicting the price of Electrosteel Castings at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Electrosteel Castings or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Electrosteel Castings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Electrosteel Castings Estimiated After-Hype Price Volatility
In the context of predicting Electrosteel Castings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Electrosteel Castings' historical news coverage. Electrosteel Castings' after-hype downside and upside margins for the prediction period are 139.18 and 145.60, respectively. We have considered Electrosteel Castings' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Electrosteel Castings is very steady at this time. Analysis and calculation of next after-hype price of Electrosteel Castings is based on 3 months time horizon.
Electrosteel Castings Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Electrosteel Castings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Electrosteel Castings backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Electrosteel Castings, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 3.18 | 2.54 | 1.65 | 3 Events / Month | 2 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
144.07 | 142.39 | 1.75 |
|
Electrosteel Castings Hype Timeline
Electrosteel Castings is currently traded for 144.07on National Stock Exchange of India of India. The entity has historical hype elasticity of -2.54, and average elasticity to hype of competition of 1.65. Electrosteel is forecasted to decline in value after the next headline, with the price expected to drop to 142.39. The average volatility of media hype impact on the company price is about 75.0%. The price decline on the next news is expected to be -1.75%, whereas the daily expected return is currently at -0.6%. The volatility of related hype on Electrosteel Castings is about 115.92%, with the expected price after the next announcement by competition of 145.72. About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.65. Some equities with similar Price to Book (P/B) outperform the market in the long run. Electrosteel Castings recorded earning per share (EPS) of 13.53. The entity last dividend was issued on the 16th of August 2024. The firm had 10:1 split on the 17th of September 2007. Assuming the 90 days trading horizon the next forecasted press release will be in about 3 days. Check out Electrosteel Castings Basic Forecasting Models to cross-verify your projections.Electrosteel Castings Related Hype Analysis
Having access to credible news sources related to Electrosteel Castings' direct competition is more important than ever and may enhance your ability to predict Electrosteel Castings' future price movements. Getting to know how Electrosteel Castings' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Electrosteel Castings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NMDC | NMDC Limited | 1.91 | 4 per month | 1.94 | (0.03) | 3.96 | (3.31) | 8.71 | |
| SAIL | Steel Authority of | (4.80) | 5 per month | 0.00 | (0.16) | 3.70 | (3.68) | 10.24 | |
| EMBASSY-RR | Embassy Office Parks | (4.90) | 2 per month | 0.00 | (0.17) | 1.44 | (1.96) | 4.80 | |
| GNFC | Gujarat Narmada Valley | 30.20 | 1 per month | 0.00 | (0.16) | 2.16 | (3.55) | 11.02 | |
| GUJALKALI | Gujarat Alkalies and | 7.95 | 2 per month | 1.79 | (0.05) | 3.52 | (3.01) | 10.86 | |
| IMFA | Indian Metals Ferro | (12.70) | 1 per month | 1.72 | 0.08 | 4.96 | (2.75) | 11.39 | |
| JTLIND | JTL Industries | (0.22) | 3 per month | 0.00 | (0.15) | 4.00 | (4.83) | 60.24 | |
| INDIAGLYCO | India Glycols Limited | 7.25 | 3 per month | 0.00 | (0.07) | 5.48 | (4.42) | 23.17 | |
| MAITHANALL | Maithan Alloys Limited | 0.00 | 2 per month | 0.00 | (0.09) | 2.80 | (2.16) | 10.91 |
Electrosteel Castings Additional Predictive Modules
Most predictive techniques to examine Electrosteel price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Electrosteel using various technical indicators. When you analyze Electrosteel charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Electrosteel Castings Predictive Indicators
The successful prediction of Electrosteel Castings stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Electrosteel Castings Limited, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Electrosteel Castings based on analysis of Electrosteel Castings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Electrosteel Castings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Electrosteel Castings's related companies.
Story Coverage note for Electrosteel Castings
The number of cover stories for Electrosteel Castings depends on current market conditions and Electrosteel Castings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Electrosteel Castings is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Electrosteel Castings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Electrosteel Castings Short Properties
Electrosteel Castings' future price predictability will typically decrease when Electrosteel Castings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Electrosteel Castings Limited often depends not only on the future outlook of the potential Electrosteel Castings' 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. Electrosteel Castings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 601.5 M | |
| Cash And Short Term Investments | 5.4 B |
Complementary Tools for Electrosteel Stock analysis
When running Electrosteel Castings' price analysis, check to measure Electrosteel Castings' 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 Electrosteel Castings is operating at the current time. Most of Electrosteel Castings' value examination focuses on studying past and present price action to predict the probability of Electrosteel Castings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrosteel Castings' price. Additionally, you may evaluate how the addition of Electrosteel Castings to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |