Iris Clothings (India) Probability of Future Stock Price Finishing Under 82.14
| IRISDOREME | 61.59 0.25 0.40% |
Iris |
Iris Clothings Target Price Odds to finish below 82.14
The tendency of Iris 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 82.14 after 90 days |
| 61.59 | 90 days | 82.14 | close to 99 |
Based on a normal probability distribution, the odds of Iris Clothings to stay under 82.14 after 90 days from now is close to 99 (This Iris Clothings Limited probability density function shows the probability of Iris Stock to fall within a particular range of prices over 90 days) . Probability of Iris Clothings price to stay between its current price of 61.59 and 82.14 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Iris Clothings Limited has a beta of -0.0908. This usually indicates as returns on the benchmark increase, returns on holding Iris Clothings are expected to decrease at a much lower rate. During a bear market, however, Iris Clothings Limited is likely to outperform the market. Additionally Iris Clothings Limited 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. Iris Clothings Price Density |
| Price |
Predictive Modules for Iris Clothings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iris Clothings. 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 Iris Clothings' 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.
Iris Clothings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iris Clothings is not an exception. The market had few large corrections towards the Iris Clothings' 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 Iris Clothings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iris Clothings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 3.15 | |
Ir | Information ratio | -0.16 |
Iris Clothings 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 Iris Clothings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iris Clothings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iris Clothings generated a negative expected return over the last 90 days | |
| Iris Clothings is unlikely to experience financial distress in the next 2 years |
Iris Clothings 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 Iris Stock often depends not only on the future outlook of the current and potential Iris Clothings' 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. Iris Clothings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 81.6 M | |
| Cash And Short Term Investments | 15.8 M |
Iris Clothings Technical Analysis
Iris Clothings' future price can be derived by breaking down and analyzing its technical indicators over time. Iris Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iris Clothings Limited. In general, you should focus on analyzing Iris Stock price patterns and their correlations with different microeconomic environments and drivers.
Iris Clothings Predictive Forecast Models
Iris Clothings' time-series forecasting models is one of many Iris Clothings' 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 Iris Clothings' 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 Iris Clothings
Checking the ongoing alerts about Iris Clothings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iris Clothings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iris Clothings generated a negative expected return over the last 90 days | |
| Iris Clothings is unlikely to experience financial distress in the next 2 years |
Additional Tools for Iris Stock Analysis
When running Iris Clothings' price analysis, check to measure Iris Clothings' 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 Iris Clothings is operating at the current time. Most of Iris Clothings' value examination focuses on studying past and present price action to predict the probability of Iris Clothings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iris Clothings' price. Additionally, you may evaluate how the addition of Iris Clothings to your portfolios can decrease your overall portfolio volatility.