Jindal Poly (India) Probability of Future Stock Price Finishing Under 706.85
| JPOLYINVST | 933.70 8.95 0.97% |
Jindal |
Jindal Poly Target Price Odds to finish below 706.85
The tendency of Jindal 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 706.85 or more in 90 days |
| 933.70 | 90 days | 706.85 | about 6.29 |
Based on a normal probability distribution, the odds of Jindal Poly to drop to 706.85 or more in 90 days from now is about 6.29 (This Jindal Poly Investment probability density function shows the probability of Jindal Stock to fall within a particular range of prices over 90 days) . Probability of Jindal Poly Investment price to stay between 706.85 and its current price of 933.7 at the end of the 90-day period is about 84.7 .
Assuming the 90 days trading horizon Jindal Poly Investment has a beta of -0.0218. This indicates as returns on the benchmark increase, returns on holding Jindal Poly are expected to decrease at a much lower rate. During a bear market, however, Jindal Poly Investment is likely to outperform the market. Additionally Jindal Poly Investment has an alpha of 0.2134, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jindal Poly Price Density |
| Price |
Predictive Modules for Jindal Poly
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jindal Poly Investment. 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 Jindal Poly'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.
Jindal Poly Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jindal Poly is not an exception. The market had few large corrections towards the Jindal Poly'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 Jindal Poly Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jindal Poly within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 79.02 | |
Ir | Information ratio | 0.02 |
Jindal Poly 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 Jindal Poly for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jindal Poly Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jindal Poly had very high historical volatility over the last 90 days | |
| Jindal Poly Investment has accumulated about 97 K in cash with (7.17 M) of positive cash flow from operations. | |
| Roughly 81.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Anand Rayons Ltd leads gainers in B group - Business Standard |
Jindal Poly 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 Jindal Stock often depends not only on the future outlook of the current and potential Jindal Poly'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. Jindal Poly's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.5 M | |
| Cash And Short Term Investments | 395 K |
Jindal Poly Technical Analysis
Jindal Poly's future price can be derived by breaking down and analyzing its technical indicators over time. Jindal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jindal Poly Investment. In general, you should focus on analyzing Jindal Stock price patterns and their correlations with different microeconomic environments and drivers.
Jindal Poly Predictive Forecast Models
Jindal Poly's time-series forecasting models is one of many Jindal Poly'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 Jindal Poly'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 Jindal Poly Investment
Checking the ongoing alerts about Jindal Poly for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jindal Poly Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jindal Poly had very high historical volatility over the last 90 days | |
| Jindal Poly Investment has accumulated about 97 K in cash with (7.17 M) of positive cash flow from operations. | |
| Roughly 81.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Anand Rayons Ltd leads gainers in B group - Business Standard |
Other Information on Investing in Jindal Stock
Jindal Poly financial ratios help investors to determine whether Jindal 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 Jindal with respect to the benefits of owning Jindal Poly security.