Electronics Mart (India) Probability of Future Stock Price Finishing Under 81.25
| EMIL Stock | 177.44 0.13 0.07% |
Electronics |
Electronics Mart Target Price Odds to finish below 81.25
The tendency of Electronics 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 81.25 or more in 90 days |
| 177.44 | 90 days | 81.25 | near 1 |
Based on a normal probability distribution, the odds of Electronics Mart to drop to 81.25 or more in 90 days from now is near 1 (This Electronics Mart India probability density function shows the probability of Electronics Stock to fall within a particular range of prices over 90 days) . Probability of Electronics Mart India price to stay between 81.25 and its current price of 177.44 at the end of the 90-day period is about 15.07 .
Assuming the 90 days trading horizon Electronics Mart India has a beta of -0.0123 suggesting as returns on the benchmark increase, returns on holding Electronics Mart are expected to decrease at a much lower rate. During a bear market, however, Electronics Mart India is likely to outperform the market. Additionally Electronics Mart India has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Electronics Mart Price Density |
| Price |
Predictive Modules for Electronics Mart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronics Mart India. 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.Electronics Mart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electronics Mart is not an exception. The market had few large corrections towards the Electronics Mart'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 Electronics Mart India, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electronics Mart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 17.96 | |
Ir | Information ratio | -0.14 |
Electronics Mart 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 Electronics Mart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electronics Mart India can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electronics Mart generated a negative expected return over the last 90 days | |
| Electronics Mart is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Electronics Mart India Reports Mixed Financial Results for Q3 2024 - MarketsMojo |
Electronics Mart 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 Electronics Stock often depends not only on the future outlook of the current and potential Electronics Mart'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. Electronics Mart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 384.7 M | |
| Cash And Short Term Investments | 854.7 M |
Electronics Mart Technical Analysis
Electronics Mart's future price can be derived by breaking down and analyzing its technical indicators over time. Electronics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electronics Mart India. In general, you should focus on analyzing Electronics Stock price patterns and their correlations with different microeconomic environments and drivers.
Electronics Mart Predictive Forecast Models
Electronics Mart's time-series forecasting models is one of many Electronics Mart'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 Electronics Mart'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 Electronics Mart India
Checking the ongoing alerts about Electronics Mart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electronics Mart India help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electronics Mart generated a negative expected return over the last 90 days | |
| Electronics Mart is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Electronics Mart India Reports Mixed Financial Results for Q3 2024 - MarketsMojo |
Additional Tools for Electronics Stock Analysis
When running Electronics Mart's price analysis, check to measure Electronics Mart's 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 Electronics Mart is operating at the current time. Most of Electronics Mart's value examination focuses on studying past and present price action to predict the probability of Electronics Mart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronics Mart's price. Additionally, you may evaluate how the addition of Electronics Mart to your portfolios can decrease your overall portfolio volatility.