JTL Industries (India) Probability of Future Stock Price Finishing Under 79.95
| JTLIND Stock | 93.31 1.93 2.03% |
JTL |
JTL Industries Target Price Odds to finish below 79.95
The tendency of JTL 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 79.95 or more in 90 days |
| 93.31 | 90 days | 79.95 | about 10.48 |
Based on a normal probability distribution, the odds of JTL Industries to drop to 79.95 or more in 90 days from now is about 10.48 (This JTL Industries probability density function shows the probability of JTL Stock to fall within a particular range of prices over 90 days) . Probability of JTL Industries price to stay between 79.95 and its current price of 93.31 at the end of the 90-day period is nearly 4.76 .
Assuming the 90 days trading horizon JTL Industries has a beta of -0.69. This indicates as returns on the benchmark increase, returns on holding JTL Industries are expected to decrease at a much lower rate. During a bear market, however, JTL Industries is likely to outperform the market. Additionally JTL 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. JTL Industries Price Density |
| Price |
Predictive Modules for JTL Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JTL 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.JTL Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JTL Industries is not an exception. The market had few large corrections towards the JTL Industries' 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 JTL Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JTL Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.07 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 58.62 | |
Ir | Information ratio | -0.16 |
JTL Industries 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 JTL Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JTL 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.| JTL Industries generated a negative expected return over the last 90 days | |
| JTL Industries has high historical volatility and very poor performance | |
| JTL Industries is unlikely to experience financial distress in the next 2 years | |
| JTL Industries generates negative cash flow from operations | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Buy JTL Industries, target price Rs 111 Axis Securities - The Economic Times |
JTL Industries 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 JTL Stock often depends not only on the future outlook of the current and potential JTL Industries' 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. JTL Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.4 M | |
| Dividends Paid | 16.9 M | |
| Cash And Short Term Investments | 1 B | |
| Forward Annual Dividend Rate | 0.13 | |
| Shares Float | 130.4 M |
JTL Industries Technical Analysis
JTL Industries' future price can be derived by breaking down and analyzing its technical indicators over time. JTL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JTL Industries. In general, you should focus on analyzing JTL Stock price patterns and their correlations with different microeconomic environments and drivers.
JTL Industries Predictive Forecast Models
JTL Industries' time-series forecasting models is one of many JTL Industries' 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 JTL Industries' 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 JTL Industries
Checking the ongoing alerts about JTL Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JTL Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JTL Industries generated a negative expected return over the last 90 days | |
| JTL Industries has high historical volatility and very poor performance | |
| JTL Industries is unlikely to experience financial distress in the next 2 years | |
| JTL Industries generates negative cash flow from operations | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Buy JTL Industries, target price Rs 111 Axis Securities - The Economic Times |
Other Information on Investing in JTL Stock
JTL Industries financial ratios help investors to determine whether JTL 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 JTL with respect to the benefits of owning JTL Industries security.