Reliance Power (India) Probability of Future Stock Price Finishing Over 45.80
| RPOWER Stock | 45.80 0.49 1.06% |
Reliance |
Reliance Power Target Price Odds to finish over 45.80
The tendency of Reliance 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 above the current price in 90 days |
| 45.80 | 90 days | 45.80 | about 22.33 |
Based on a normal probability distribution, the odds of Reliance Power to move above the current price in 90 days from now is about 22.33 (This Reliance Power Limited probability density function shows the probability of Reliance Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Reliance Power Limited has a beta of -0.15 indicating as returns on the benchmark increase, returns on holding Reliance Power are expected to decrease at a much lower rate. During a bear market, however, Reliance Power Limited is likely to outperform the market. Additionally Reliance Power 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. Reliance Power Price Density |
| Price |
Predictive Modules for Reliance Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reliance Power. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reliance Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Reliance Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Reliance Power is not an exception. The market had few large corrections towards the Reliance Power'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 Reliance Power Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Reliance Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 4.23 | |
Ir | Information ratio | -0.01 |
Reliance Power 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 Reliance Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Reliance Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Reliance Power had very high historical volatility over the last 90 days | |
| Reliance Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 78.93 B. Net Loss for the year was (20.28 B) with profit before overhead, payroll, taxes, and interest of 48.13 B. | |
| About 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Anil Ambani scores another win as Reliance Power gets contract with..., shares jump... - India.com |
Reliance Power 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 Reliance Stock often depends not only on the future outlook of the current and potential Reliance Power'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. Reliance Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B | |
| Cash And Short Term Investments | 4.7 B |
Reliance Power Technical Analysis
Reliance Power's future price can be derived by breaking down and analyzing its technical indicators over time. Reliance Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Reliance Power Limited. In general, you should focus on analyzing Reliance Stock price patterns and their correlations with different microeconomic environments and drivers.
Reliance Power Predictive Forecast Models
Reliance Power's time-series forecasting models is one of many Reliance Power'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 Reliance Power'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 Reliance Power
Checking the ongoing alerts about Reliance Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Reliance Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Reliance Power had very high historical volatility over the last 90 days | |
| Reliance Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 78.93 B. Net Loss for the year was (20.28 B) with profit before overhead, payroll, taxes, and interest of 48.13 B. | |
| About 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Anil Ambani scores another win as Reliance Power gets contract with..., shares jump... - India.com |
Other Information on Investing in Reliance Stock
Reliance Power financial ratios help investors to determine whether Reliance 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 Reliance with respect to the benefits of owning Reliance Power security.