MakeMyTrip Stock Forecast - Period Momentum Indicator
| MY1 Stock | EUR 108.60 1.35 1.26% |
MakeMyTrip Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MakeMyTrip's historical fundamentals, such as revenue growth or operating cash flow patterns.
MakeMyTrip |
| Check MakeMyTrip Volatility | Backtest MakeMyTrip | Information Ratio |
MakeMyTrip Trading Date Momentum
| On December 21 2024 MakeMyTrip Limited was traded for 108.60 at the closing time. The highest daily price throughout the period was 109.15 and the lowest price was 107.40 . There was no trading activity during the period 0.0. Lack of trading volume on 12/21/2024 did not cause price change. The trading delta at closing time to current closing price is 1.10% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for MakeMyTrip
For every potential investor in MakeMyTrip, whether a beginner or expert, MakeMyTrip's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MakeMyTrip Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MakeMyTrip. Basic forecasting techniques help filter out the noise by identifying MakeMyTrip's price trends.MakeMyTrip Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MakeMyTrip stock to make a market-neutral strategy. Peer analysis of MakeMyTrip could also be used in its relative valuation, which is a method of valuing MakeMyTrip by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MakeMyTrip Limited Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MakeMyTrip's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of MakeMyTrip's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MakeMyTrip Market Strength Events
Market strength indicators help investors to evaluate how MakeMyTrip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MakeMyTrip shares will generate the highest return on investment. By undertsting and applying MakeMyTrip stock market strength indicators, traders can identify MakeMyTrip Limited entry and exit signals to maximize returns.
MakeMyTrip Risk Indicators
The analysis of MakeMyTrip's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MakeMyTrip's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting makemytrip stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.59 | |||
| Semi Deviation | 2.68 | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.14 | |||
| Downside Variance | 8.5 | |||
| Semi Variance | 7.16 | |||
| Expected Short fall | (3.06) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in MakeMyTrip Stock
When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:Check out Historical Fundamental Analysis of MakeMyTrip to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.