Indo Rama (India) Probability of Future Stock Price Finishing Under 34.98
| INDORAMA | 39.87 0.18 0.45% |
Indo |
Indo Rama Target Price Odds to finish below 34.98
The tendency of Indo 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 34.98 or more in 90 days |
| 39.87 | 90 days | 34.98 | near 1 |
Based on a normal probability distribution, the odds of Indo Rama to drop to 34.98 or more in 90 days from now is near 1 (This Indo Rama Synthetics probability density function shows the probability of Indo Stock to fall within a particular range of prices over 90 days) . Probability of Indo Rama Synthetics price to stay between 34.98 and its current price of 39.87 at the end of the 90-day period is about 15.37 .
Assuming the 90 days trading horizon Indo Rama has a beta of 0.46. This usually indicates as returns on the market go up, Indo Rama average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Indo Rama Synthetics will be expected to be much smaller as well. Additionally Indo Rama Synthetics 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. Indo Rama Price Density |
| Price |
Predictive Modules for Indo Rama
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indo Rama Synthetics. 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.Indo Rama Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indo Rama is not an exception. The market had few large corrections towards the Indo Rama'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 Indo Rama Synthetics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indo Rama within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | -0.12 |
Indo Rama 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 Indo Rama for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indo Rama Synthetics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indo Rama Synthetics generated a negative expected return over the last 90 days | |
| Indo Rama Synthetics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 36.96 B. Net Loss for the year was (2.03 B) with profit before overhead, payroll, taxes, and interest of 8.6 B. | |
| Indo Rama Synthetics has accumulated about 0 in cash with (967.3 M) of positive cash flow from operations. | |
| Roughly 87.0% of the company shares are held by company insiders |
Indo Rama 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 Indo Stock often depends not only on the future outlook of the current and potential Indo Rama'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. Indo Rama's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 261.1 M | |
| Cash And Short Term Investments | 572.2 M |
Indo Rama Technical Analysis
Indo Rama's future price can be derived by breaking down and analyzing its technical indicators over time. Indo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indo Rama Synthetics. In general, you should focus on analyzing Indo Stock price patterns and their correlations with different microeconomic environments and drivers.
Indo Rama Predictive Forecast Models
Indo Rama's time-series forecasting models is one of many Indo Rama'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 Indo Rama'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 Indo Rama Synthetics
Checking the ongoing alerts about Indo Rama for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indo Rama Synthetics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indo Rama Synthetics generated a negative expected return over the last 90 days | |
| Indo Rama Synthetics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 36.96 B. Net Loss for the year was (2.03 B) with profit before overhead, payroll, taxes, and interest of 8.6 B. | |
| Indo Rama Synthetics has accumulated about 0 in cash with (967.3 M) of positive cash flow from operations. | |
| Roughly 87.0% of the company shares are held by company insiders |
Other Information on Investing in Indo Stock
Indo Rama financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Rama security.