Jai Balaji (India) Probability of Future Stock Price Finishing Over 905.21
| JAIBALAJI | 902.95 0.25 0.03% |
Jai |
Jai Balaji Target Price Odds to finish over 905.21
The tendency of Jai 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 move over 905.21 or more in 90 days |
| 902.95 | 90 days | 905.21 | about 88.11 |
Based on a normal probability distribution, the odds of Jai Balaji to move over 905.21 or more in 90 days from now is about 88.11 (This Jai Balaji Industries probability density function shows the probability of Jai Stock to fall within a particular range of prices over 90 days) . Probability of Jai Balaji Industries price to stay between its current price of 902.95 and 905.21 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Jai Balaji has a beta of 0.35. This indicates as returns on the market go up, Jai Balaji average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jai Balaji Industries will be expected to be much smaller as well. Additionally Jai Balaji Industries 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. Jai Balaji Price Density |
| Price |
Predictive Modules for Jai Balaji
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jai Balaji Industries. 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.Jai Balaji Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jai Balaji is not an exception. The market had few large corrections towards the Jai Balaji'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 Jai Balaji Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jai Balaji within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 76.44 | |
Ir | Information ratio | -0.08 |
Jai Balaji 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 Jai Balaji for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jai Balaji Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jai Balaji generated a negative expected return over the last 90 days | |
| Jai Balaji is unlikely to experience financial distress in the next 2 years | |
| About 85.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jai Balaji Industries Limiteds Fundamentals Look Pretty Strong Could The Market Be Wrong About The Stock - Simply Wall St |
Jai Balaji 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 Jai Stock often depends not only on the future outlook of the current and potential Jai Balaji'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. Jai Balaji's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 176.5 M | |
| Cash And Short Term Investments | 536.2 M |
Jai Balaji Technical Analysis
Jai Balaji's future price can be derived by breaking down and analyzing its technical indicators over time. Jai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jai Balaji Industries. In general, you should focus on analyzing Jai Stock price patterns and their correlations with different microeconomic environments and drivers.
Jai Balaji Predictive Forecast Models
Jai Balaji's time-series forecasting models is one of many Jai Balaji'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 Jai Balaji'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 Jai Balaji Industries
Checking the ongoing alerts about Jai Balaji for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jai Balaji Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jai Balaji generated a negative expected return over the last 90 days | |
| Jai Balaji is unlikely to experience financial distress in the next 2 years | |
| About 85.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jai Balaji Industries Limiteds Fundamentals Look Pretty Strong Could The Market Be Wrong About The Stock - Simply Wall St |
Other Information on Investing in Jai Stock
Jai Balaji financial ratios help investors to determine whether Jai 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 Jai with respect to the benefits of owning Jai Balaji security.