Parag Milk (India) Probability of Future Stock Price Finishing Under 171.9
| PARAGMILK | 184.52 0.24 0.13% |
Parag |
Parag Milk Target Price Odds to finish below 171.9
The tendency of Parag 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 171.90 or more in 90 days |
| 184.52 | 90 days | 171.90 | near 1 |
Based on a normal probability distribution, the odds of Parag Milk to drop to 171.90 or more in 90 days from now is near 1 (This Parag Milk Foods probability density function shows the probability of Parag Stock to fall within a particular range of prices over 90 days) . Probability of Parag Milk Foods price to stay between 171.90 and its current price of 184.52 at the end of the 90-day period is nearly 4.63 .
Assuming the 90 days trading horizon Parag Milk has a beta of 0.42 indicating as returns on the market go up, Parag Milk average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Parag Milk Foods will be expected to be much smaller as well. Additionally Parag Milk Foods has an alpha of 0.0686, implying that it can generate a 0.0686 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Parag Milk Price Density |
| Price |
Predictive Modules for Parag Milk
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Parag Milk Foods. 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.Parag Milk Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Parag Milk is not an exception. The market had few large corrections towards the Parag Milk'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 Parag Milk Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Parag Milk within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 12.14 | |
Ir | Information ratio | 0.01 |
Parag Milk 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 Parag Milk for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Parag Milk Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Parag Milk Foods generated a negative expected return over the last 90 days | |
| Parag Milk Foods is unlikely to experience financial distress in the next 2 years | |
| About 54.0% of the company outstanding shares are owned by corporate insiders |
Parag Milk 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 Parag Stock often depends not only on the future outlook of the current and potential Parag Milk'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. Parag Milk's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123 M | |
| Cash And Short Term Investments | 275.7 M |
Parag Milk Technical Analysis
Parag Milk's future price can be derived by breaking down and analyzing its technical indicators over time. Parag Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Parag Milk Foods. In general, you should focus on analyzing Parag Stock price patterns and their correlations with different microeconomic environments and drivers.
Parag Milk Predictive Forecast Models
Parag Milk's time-series forecasting models is one of many Parag Milk'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 Parag Milk'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 Parag Milk Foods
Checking the ongoing alerts about Parag Milk for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Parag Milk Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Parag Milk Foods generated a negative expected return over the last 90 days | |
| Parag Milk Foods is unlikely to experience financial distress in the next 2 years | |
| About 54.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Parag Stock
Parag Milk financial ratios help investors to determine whether Parag 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 Parag with respect to the benefits of owning Parag Milk security.