Lakshmi Finance (India) Probability of Future Stock Price Finishing Over 330.5
| LFIC Stock | 237.00 5.51 2.27% |
Lakshmi |
Lakshmi Finance Target Price Odds to finish over 330.5
The tendency of Lakshmi 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 330.50 or more in 90 days |
| 237.00 | 90 days | 330.50 | near 1 |
Based on a normal probability distribution, the odds of Lakshmi Finance to move over 330.50 or more in 90 days from now is near 1 (This Lakshmi Finance Industrial probability density function shows the probability of Lakshmi Stock to fall within a particular range of prices over 90 days) . Probability of Lakshmi Finance Indu price to stay between its current price of 237.00 and 330.50 at the end of the 90-day period is about 73.46 .
Assuming the 90 days trading horizon Lakshmi Finance has a beta of 0.13. This indicates as returns on the market go up, Lakshmi Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lakshmi Finance Industrial will be expected to be much smaller as well. Additionally Lakshmi Finance Industrial 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. Lakshmi Finance Price Density |
| Price |
Predictive Modules for Lakshmi Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lakshmi Finance Indu. 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.Lakshmi Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lakshmi Finance is not an exception. The market had few large corrections towards the Lakshmi Finance'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 Lakshmi Finance Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lakshmi Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0078 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 26.06 | |
Ir | Information ratio | -0.03 |
Lakshmi Finance 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 Lakshmi Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lakshmi Finance Indu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lakshmi Finance Indu had very high historical volatility over the last 90 days | |
| Lakshmi Finance Indu is unlikely to experience financial distress in the next 2 years | |
| Lakshmi Finance Industrial has accumulated about 12.88 M in cash with (32.69 M) of positive cash flow from operations. |
Lakshmi Finance 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 Lakshmi Stock often depends not only on the future outlook of the current and potential Lakshmi Finance'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. Lakshmi Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 M | |
| Cash And Short Term Investments | 57.9 M |
Lakshmi Finance Technical Analysis
Lakshmi Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Lakshmi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lakshmi Finance Industrial. In general, you should focus on analyzing Lakshmi Stock price patterns and their correlations with different microeconomic environments and drivers.
Lakshmi Finance Predictive Forecast Models
Lakshmi Finance's time-series forecasting models is one of many Lakshmi Finance'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 Lakshmi Finance'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 Lakshmi Finance Indu
Checking the ongoing alerts about Lakshmi Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lakshmi Finance Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lakshmi Finance Indu had very high historical volatility over the last 90 days | |
| Lakshmi Finance Indu is unlikely to experience financial distress in the next 2 years | |
| Lakshmi Finance Industrial has accumulated about 12.88 M in cash with (32.69 M) of positive cash flow from operations. |
Additional Tools for Lakshmi Stock Analysis
When running Lakshmi Finance's price analysis, check to measure Lakshmi Finance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lakshmi Finance is operating at the current time. Most of Lakshmi Finance's value examination focuses on studying past and present price action to predict the probability of Lakshmi Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lakshmi Finance's price. Additionally, you may evaluate how the addition of Lakshmi Finance to your portfolios can decrease your overall portfolio volatility.