Orient Technologies (India) Probability of Future Stock Price Finishing Under 394.11
| ORIENTTECH | 320.95 8.70 2.64% |
Orient |
Orient Technologies Target Price Odds to finish below 394.11
The tendency of Orient 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 394.11 after 90 days |
| 320.95 | 90 days | 394.11 | about 23.33 |
Based on a normal probability distribution, the odds of Orient Technologies to stay under 394.11 after 90 days from now is about 23.33 (This Orient Technologies Limited probability density function shows the probability of Orient Stock to fall within a particular range of prices over 90 days) . Probability of Orient Technologies price to stay between its current price of 320.95 and 394.11 at the end of the 90-day period is about 17.19 .
Assuming the 90 days trading horizon Orient Technologies Limited has a beta of -0.35. This indicates as returns on the benchmark increase, returns on holding Orient Technologies are expected to decrease at a much lower rate. During a bear market, however, Orient Technologies Limited is likely to outperform the market. Additionally Orient Technologies 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. Orient Technologies Price Density |
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Predictive Modules for Orient Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orient Technologies. 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.Orient Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Orient Technologies is not an exception. The market had few large corrections towards the Orient Technologies' 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 Orient Technologies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Orient Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 90.07 | |
Ir | Information ratio | -0.07 |
Orient Technologies 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 Orient Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Orient Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Orient Technologies generated a negative expected return over the last 90 days | |
| Orient Technologies has high historical volatility and very poor performance | |
| About 80.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stock market today Zaggle Prepaid, Orient Tech among 14 stocks hit upper circuit on BSE do you own any - Mint |
Orient Technologies Technical Analysis
Orient Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Orient Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Orient Technologies Limited. In general, you should focus on analyzing Orient Stock price patterns and their correlations with different microeconomic environments and drivers.
Orient Technologies Predictive Forecast Models
Orient Technologies' time-series forecasting models is one of many Orient Technologies' 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 Orient Technologies' 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 Orient Technologies
Checking the ongoing alerts about Orient Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Orient Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Orient Technologies generated a negative expected return over the last 90 days | |
| Orient Technologies has high historical volatility and very poor performance | |
| About 80.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stock market today Zaggle Prepaid, Orient Tech among 14 stocks hit upper circuit on BSE do you own any - Mint |
Additional Tools for Orient Stock Analysis
When running Orient Technologies' price analysis, check to measure Orient Technologies' 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 Orient Technologies is operating at the current time. Most of Orient Technologies' value examination focuses on studying past and present price action to predict the probability of Orient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Technologies' price. Additionally, you may evaluate how the addition of Orient Technologies to your portfolios can decrease your overall portfolio volatility.