Delta Manufacturing (India) Probability of Future Stock Price Finishing Over 107.26
| DELTAMAGNT | 112.17 0.65 0.58% |
Delta |
Delta Manufacturing Target Price Odds to finish over 107.26
The tendency of Delta 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 stay above 107.26 in 90 days |
| 112.17 | 90 days | 107.26 | about 26.3 |
Based on a normal probability distribution, the odds of Delta Manufacturing to stay above 107.26 in 90 days from now is about 26.3 (This Delta Manufacturing Limited probability density function shows the probability of Delta Stock to fall within a particular range of prices over 90 days) . Probability of Delta Manufacturing price to stay between 107.26 and its current price of 112.17 at the end of the 90-day period is about 12.34 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.16 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Delta Manufacturing will likely underperform. Additionally Delta Manufacturing Limited has an alpha of 0.2355, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Delta Manufacturing Price Density |
| Price |
Predictive Modules for Delta Manufacturing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Manufacturing. 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.Delta Manufacturing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delta Manufacturing is not an exception. The market had few large corrections towards the Delta Manufacturing'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 Delta Manufacturing Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delta Manufacturing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 10.96 | |
Ir | Information ratio | 0.07 |
Delta Manufacturing 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 Delta Manufacturing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delta Manufacturing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Delta Manufacturing had very high historical volatility over the last 90 days | |
| The company reported the revenue of 835.74 M. Net Loss for the year was (103.71 M) with profit before overhead, payroll, taxes, and interest of 499.32 M. | |
| About 74.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Delta Manufacturings Stock Surges, Outperforms Sector by 15.12 percent in Past Year. - MarketsMojo |
Delta Manufacturing 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 Delta Stock often depends not only on the future outlook of the current and potential Delta Manufacturing'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. Delta Manufacturing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 51.8 M |
Delta Manufacturing Technical Analysis
Delta Manufacturing's future price can be derived by breaking down and analyzing its technical indicators over time. Delta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delta Manufacturing Limited. In general, you should focus on analyzing Delta Stock price patterns and their correlations with different microeconomic environments and drivers.
Delta Manufacturing Predictive Forecast Models
Delta Manufacturing's time-series forecasting models is one of many Delta Manufacturing'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 Delta Manufacturing'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 Delta Manufacturing
Checking the ongoing alerts about Delta Manufacturing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delta Manufacturing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delta Manufacturing had very high historical volatility over the last 90 days | |
| The company reported the revenue of 835.74 M. Net Loss for the year was (103.71 M) with profit before overhead, payroll, taxes, and interest of 499.32 M. | |
| About 74.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Delta Manufacturings Stock Surges, Outperforms Sector by 15.12 percent in Past Year. - MarketsMojo |
Other Information on Investing in Delta Stock
Delta Manufacturing financial ratios help investors to determine whether Delta 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 Delta with respect to the benefits of owning Delta Manufacturing security.