JM Financial (India) Probability of Future Stock Price Finishing Under 87.92
| JMFINANCIL | 139.55 0.33 0.24% |
JMFINANCIL |
JM Financial Target Price Odds to finish below 87.92
The tendency of JMFINANCIL 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 87.92 or more in 90 days |
| 139.55 | 90 days | 87.92 | near 1 |
Based on a normal probability distribution, the odds of JM Financial to drop to 87.92 or more in 90 days from now is near 1 (This JM Financial Limited probability density function shows the probability of JMFINANCIL Stock to fall within a particular range of prices over 90 days) . Probability of JM Financial Limited price to stay between 87.92 and its current price of 139.55 at the end of the 90-day period is about 60.14 .
Assuming the 90 days trading horizon JM Financial has a beta of 0.25. This indicates as returns on the market go up, JM Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JM Financial Limited will be expected to be much smaller as well. Additionally JM Financial Limited has an alpha of 0.4275, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JM Financial Price Density |
| Price |
Predictive Modules for JM Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JM Financial Limited. 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.JM Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JM Financial is not an exception. The market had few large corrections towards the JM Financial'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 JM Financial Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JM Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 10.99 | |
Ir | Information ratio | 0.10 |
JM Financial 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 JM Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JM Financial Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JM Financial Limited had very high historical volatility over the last 90 days | |
| About 28.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Rahul Sharma on large-cap stocks poised for a bounce in near term - The Economic Times |
JM Financial 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 JMFINANCIL Stock often depends not only on the future outlook of the current and potential JM Financial'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. JM Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 955.6 M | |
| Cash And Short Term Investments | 22.4 B |
JM Financial Technical Analysis
JM Financial's future price can be derived by breaking down and analyzing its technical indicators over time. JMFINANCIL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JM Financial Limited. In general, you should focus on analyzing JMFINANCIL Stock price patterns and their correlations with different microeconomic environments and drivers.
JM Financial Predictive Forecast Models
JM Financial's time-series forecasting models is one of many JM Financial'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 JM Financial'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 JM Financial Limited
Checking the ongoing alerts about JM Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JM Financial Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JM Financial Limited had very high historical volatility over the last 90 days | |
| About 28.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Rahul Sharma on large-cap stocks poised for a bounce in near term - The Economic Times |
Other Information on Investing in JMFINANCIL Stock
JM Financial financial ratios help investors to determine whether JMFINANCIL 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 JMFINANCIL with respect to the benefits of owning JM Financial security.