Roto Pumps (India) Probability of Future Stock Price Finishing Over 256.31
| ROTO Stock | 316.90 1.05 0.33% |
Roto |
Roto Pumps Target Price Odds to finish over 256.31
The tendency of Roto 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 above 256.31 in 90 days |
| 316.90 | 90 days | 256.31 | about 80.38 |
Based on a normal probability distribution, the odds of Roto Pumps to stay above 256.31 in 90 days from now is about 80.38 (This Roto Pumps Limited probability density function shows the probability of Roto Stock to fall within a particular range of prices over 90 days) . Probability of Roto Pumps Limited price to stay between 256.31 and its current price of 316.9 at the end of the 90-day period is about 79.69 .
Assuming the 90 days trading horizon Roto Pumps has a beta of 0.55 indicating as returns on the market go up, Roto Pumps average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Roto Pumps Limited will be expected to be much smaller as well. Additionally Roto Pumps Limited has an alpha of 0.1483, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roto Pumps Price Density |
| Price |
Predictive Modules for Roto Pumps
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roto Pumps Limited. 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.Roto Pumps Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roto Pumps is not an exception. The market had few large corrections towards the Roto Pumps' 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 Roto Pumps Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roto Pumps within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 18.26 | |
Ir | Information ratio | 0.04 |
Roto Pumps 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 Roto Pumps for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roto Pumps Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Roto Pumps Limited is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Roto Pumps ltd solar pump orders 400 new orders or 400 units Multibagger stock in focus - MSN |
Roto Pumps 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 Roto Stock often depends not only on the future outlook of the current and potential Roto Pumps' 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. Roto Pumps' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.8 M | |
| Cash And Short Term Investments | 316 M |
Roto Pumps Technical Analysis
Roto Pumps' future price can be derived by breaking down and analyzing its technical indicators over time. Roto Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roto Pumps Limited. In general, you should focus on analyzing Roto Stock price patterns and their correlations with different microeconomic environments and drivers.
Roto Pumps Predictive Forecast Models
Roto Pumps' time-series forecasting models is one of many Roto Pumps' 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 Roto Pumps' 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 Roto Pumps Limited
Checking the ongoing alerts about Roto Pumps for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roto Pumps Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Roto Pumps Limited is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Roto Pumps ltd solar pump orders 400 new orders or 400 units Multibagger stock in focus - MSN |
Additional Tools for Roto Stock Analysis
When running Roto Pumps' price analysis, check to measure Roto Pumps' 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 Roto Pumps is operating at the current time. Most of Roto Pumps' value examination focuses on studying past and present price action to predict the probability of Roto Pumps' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roto Pumps' price. Additionally, you may evaluate how the addition of Roto Pumps to your portfolios can decrease your overall portfolio volatility.