Oil Natural (India) Probability of Future Stock Price Finishing Under 253.89
| ONGC Stock | 237.10 4.75 1.96% |
Oil |
Oil Natural Target Price Odds to finish below 253.89
The tendency of Oil 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 253.89 after 90 days |
| 237.10 | 90 days | 253.89 | about 24.18 |
Based on a normal probability distribution, the odds of Oil Natural to stay under 253.89 after 90 days from now is about 24.18 (This Oil Natural Gas probability density function shows the probability of Oil Stock to fall within a particular range of prices over 90 days) . Probability of Oil Natural Gas price to stay between its current price of 237.10 and 253.89 at the end of the 90-day period is about 20.7 .
Assuming the 90 days trading horizon Oil Natural has a beta of 0.38. This indicates as returns on the market go up, Oil Natural average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oil Natural Gas will be expected to be much smaller as well. Additionally Oil Natural Gas 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. Oil Natural Price Density |
| Price |
Predictive Modules for Oil Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oil Natural Gas. 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.Oil Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oil Natural is not an exception. The market had few large corrections towards the Oil Natural'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 Oil Natural Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oil Natural within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 15.29 | |
Ir | Information ratio | -0.2 |
Oil Natural 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 Oil Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oil Natural Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oil Natural Gas generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Devon Energy Stock Is DVN Underperforming the Energy Sector - Nasdaq |
Oil Natural 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 Oil Stock often depends not only on the future outlook of the current and potential Oil Natural'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. Oil Natural's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.6 B | |
| Cash And Short Term Investments | 465.5 B |
Oil Natural Technical Analysis
Oil Natural's future price can be derived by breaking down and analyzing its technical indicators over time. Oil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oil Natural Gas. In general, you should focus on analyzing Oil Stock price patterns and their correlations with different microeconomic environments and drivers.
Oil Natural Predictive Forecast Models
Oil Natural's time-series forecasting models is one of many Oil Natural'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 Oil Natural'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 Oil Natural Gas
Checking the ongoing alerts about Oil Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oil Natural Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oil Natural Gas generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Devon Energy Stock Is DVN Underperforming the Energy Sector - Nasdaq |
Additional Tools for Oil Stock Analysis
When running Oil Natural's price analysis, check to measure Oil Natural'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 Oil Natural is operating at the current time. Most of Oil Natural's value examination focuses on studying past and present price action to predict the probability of Oil Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Natural's price. Additionally, you may evaluate how the addition of Oil Natural to your portfolios can decrease your overall portfolio volatility.