Hathway Cable (India) Probability of Future Stock Price Finishing Under 19.8
| HATHWAY Stock | 16.19 0.22 1.34% |
Hathway |
Hathway Cable Target Price Odds to finish below 19.8
The tendency of Hathway 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 under 19.80 after 90 days |
| 16.19 | 90 days | 19.80 | about 78.04 |
Based on a normal probability distribution, the odds of Hathway Cable to stay under 19.80 after 90 days from now is about 78.04 (This Hathway Cable Datacom probability density function shows the probability of Hathway Stock to fall within a particular range of prices over 90 days) . Probability of Hathway Cable Datacom price to stay between its current price of 16.19 and 19.80 at the end of the 90-day period is about 76.72 .
Assuming the 90 days trading horizon Hathway Cable has a beta of 0.43. This usually indicates as returns on the market go up, Hathway Cable average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hathway Cable Datacom will be expected to be much smaller as well. Additionally Hathway Cable Datacom 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. Hathway Cable Price Density |
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Predictive Modules for Hathway Cable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hathway Cable Datacom. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hathway Cable's 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.
Hathway Cable Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hathway Cable is not an exception. The market had few large corrections towards the Hathway Cable'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 Hathway Cable Datacom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hathway Cable within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | -0.22 |
Hathway Cable 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 Hathway Cable for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hathway Cable Datacom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hathway Cable generated a negative expected return over the last 90 days | |
| Hathway Cable is unlikely to experience financial distress in the next 2 years | |
| Hathway Cable Datacom has accumulated about 1.4 B in cash with (4.1 B) of positive cash flow from operations. | |
| Latest headline from news.google.com: Hathway Cable Datacom Ltd soars 0.67, gains for fifth straight session - Business Standard |
Hathway Cable 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 Hathway Stock often depends not only on the future outlook of the current and potential Hathway Cable'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. Hathway Cable's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 17.6 B |
Hathway Cable Technical Analysis
Hathway Cable's future price can be derived by breaking down and analyzing its technical indicators over time. Hathway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hathway Cable Datacom. In general, you should focus on analyzing Hathway Stock price patterns and their correlations with different microeconomic environments and drivers.
Hathway Cable Predictive Forecast Models
Hathway Cable's time-series forecasting models is one of many Hathway Cable'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 Hathway Cable'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 Hathway Cable Datacom
Checking the ongoing alerts about Hathway Cable for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hathway Cable Datacom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hathway Cable generated a negative expected return over the last 90 days | |
| Hathway Cable is unlikely to experience financial distress in the next 2 years | |
| Hathway Cable Datacom has accumulated about 1.4 B in cash with (4.1 B) of positive cash flow from operations. | |
| Latest headline from news.google.com: Hathway Cable Datacom Ltd soars 0.67, gains for fifth straight session - Business Standard |
Additional Tools for Hathway Stock Analysis
When running Hathway Cable's price analysis, check to measure Hathway Cable'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 Hathway Cable is operating at the current time. Most of Hathway Cable's value examination focuses on studying past and present price action to predict the probability of Hathway Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hathway Cable's price. Additionally, you may evaluate how the addition of Hathway Cable to your portfolios can decrease your overall portfolio volatility.