Punjab Chemicals (India) Probability of Future Stock Price Finishing Under 1,154
| PUNJABCHEM | 1,071 52.95 4.71% |
Punjab |
Punjab Chemicals Target Price Odds to finish below 1,154
The tendency of Punjab 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 below current price in 90 days |
| 1,071 | 90 days | 1,071 | about 33.43 |
Based on a normal probability distribution, the odds of Punjab Chemicals to move below current price in 90 days from now is about 33.43 (This Punjab Chemicals Crop probability density function shows the probability of Punjab Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Punjab Chemicals has a beta of 0.0893 indicating as returns on the market go up, Punjab Chemicals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Punjab Chemicals Crop will be expected to be much smaller as well. Additionally Punjab Chemicals Crop 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. Punjab Chemicals Price Density |
| Price |
Predictive Modules for Punjab Chemicals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Punjab Chemicals Crop. 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.Punjab Chemicals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Punjab Chemicals is not an exception. The market had few large corrections towards the Punjab Chemicals' 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 Punjab Chemicals Crop, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Punjab Chemicals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 79.90 | |
Ir | Information ratio | -0.07 |
Punjab Chemicals 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 Punjab Chemicals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Punjab Chemicals Crop can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Punjab Chemicals generated a negative expected return over the last 90 days | |
| Punjab Chemicals is unlikely to experience financial distress in the next 2 years | |
| About 71.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Shares below Rs 100 Only buyers were seen in these stocks on December 19 - Dalal Street Investment Journal |
Punjab Chemicals 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 Punjab Stock often depends not only on the future outlook of the current and potential Punjab Chemicals' 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. Punjab Chemicals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.3 M | |
| Cash And Short Term Investments | 135.1 M |
Punjab Chemicals Technical Analysis
Punjab Chemicals' future price can be derived by breaking down and analyzing its technical indicators over time. Punjab Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Punjab Chemicals Crop. In general, you should focus on analyzing Punjab Stock price patterns and their correlations with different microeconomic environments and drivers.
Punjab Chemicals Predictive Forecast Models
Punjab Chemicals' time-series forecasting models is one of many Punjab Chemicals' 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 Punjab Chemicals' 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 Punjab Chemicals Crop
Checking the ongoing alerts about Punjab Chemicals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Punjab Chemicals Crop help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Punjab Chemicals generated a negative expected return over the last 90 days | |
| Punjab Chemicals is unlikely to experience financial distress in the next 2 years | |
| About 71.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Shares below Rs 100 Only buyers were seen in these stocks on December 19 - Dalal Street Investment Journal |
Other Information on Investing in Punjab Stock
Punjab Chemicals financial ratios help investors to determine whether Punjab 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 Punjab with respect to the benefits of owning Punjab Chemicals security.