Kothari Petrochemicals (India) Probability of Future Stock Price Finishing Under 212.07
| KOTHARIPET | 192.20 7.18 3.60% |
Kothari |
Kothari Petrochemicals Target Price Odds to finish below 212.07
The tendency of Kothari 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 212.07 after 90 days |
| 192.20 | 90 days | 212.07 | about 48.47 |
Based on a normal probability distribution, the odds of Kothari Petrochemicals to stay under 212.07 after 90 days from now is about 48.47 (This Kothari Petrochemicals Limited probability density function shows the probability of Kothari Stock to fall within a particular range of prices over 90 days) . Probability of Kothari Petrochemicals price to stay between its current price of 192.20 and 212.07 at the end of the 90-day period is about 40.17 .
Assuming the 90 days trading horizon Kothari Petrochemicals has a beta of 0.54. This indicates as returns on the market go up, Kothari Petrochemicals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kothari Petrochemicals Limited will be expected to be much smaller as well. Additionally Kothari Petrochemicals 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. Kothari Petrochemicals Price Density |
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Predictive Modules for Kothari Petrochemicals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kothari Petrochemicals. 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.Kothari Petrochemicals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kothari Petrochemicals is not an exception. The market had few large corrections towards the Kothari Petrochemicals' 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 Kothari Petrochemicals Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kothari Petrochemicals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 14.83 | |
Ir | Information ratio | -0.05 |
Kothari Petrochemicals 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 Kothari Petrochemicals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kothari Petrochemicals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kothari Petrochemicals generated a negative expected return over the last 90 days | |
| Kothari Petrochemicals is unlikely to experience financial distress in the next 2 years |
Kothari Petrochemicals 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 Kothari Stock often depends not only on the future outlook of the current and potential Kothari Petrochemicals' 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. Kothari Petrochemicals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.8 M | |
| Cash And Short Term Investments | 729.8 M |
Kothari Petrochemicals Technical Analysis
Kothari Petrochemicals' future price can be derived by breaking down and analyzing its technical indicators over time. Kothari Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kothari Petrochemicals Limited. In general, you should focus on analyzing Kothari Stock price patterns and their correlations with different microeconomic environments and drivers.
Kothari Petrochemicals Predictive Forecast Models
Kothari Petrochemicals' time-series forecasting models is one of many Kothari Petrochemicals' 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 Kothari Petrochemicals' 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 Kothari Petrochemicals
Checking the ongoing alerts about Kothari Petrochemicals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kothari Petrochemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kothari Petrochemicals generated a negative expected return over the last 90 days | |
| Kothari Petrochemicals is unlikely to experience financial distress in the next 2 years |
Other Information on Investing in Kothari Stock
Kothari Petrochemicals financial ratios help investors to determine whether Kothari 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 Kothari with respect to the benefits of owning Kothari Petrochemicals security.