Sasken Technologies (India) Probability of Future Stock Price Finishing Under 2212.2
| SASKEN Stock | 2,144 43.95 2.09% |
Sasken |
Sasken Technologies Target Price Odds to finish below 2212.2
The tendency of Sasken 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 2,212 after 90 days |
| 2,144 | 90 days | 2,212 | about 90.03 |
Based on a normal probability distribution, the odds of Sasken Technologies to stay under 2,212 after 90 days from now is about 90.03 (This Sasken Technologies Limited probability density function shows the probability of Sasken Stock to fall within a particular range of prices over 90 days) . Probability of Sasken Technologies price to stay between its current price of 2,144 and 2,212 at the end of the 90-day period is about 5.22 .
Assuming the 90 days trading horizon Sasken Technologies has a beta of 0.23. This usually implies as returns on the market go up, Sasken Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sasken Technologies Limited will be expected to be much smaller as well. Additionally Sasken Technologies Limited has an alpha of 0.5968, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sasken Technologies Price Density |
| Price |
Predictive Modules for Sasken 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 Sasken 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sasken Technologies' 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.
Sasken Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sasken Technologies is not an exception. The market had few large corrections towards the Sasken 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 Sasken Technologies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sasken Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 266.38 | |
Ir | Information ratio | 0.19 |
Sasken 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 Sasken Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sasken 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.| Sasken Technologies appears to be risky and price may revert if volatility continues | |
| About 57.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Unique Stocks These counters held by only one MF scheme surged 50-150 percent in CY24 so far - The Economic Times |
Sasken Technologies 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 Sasken Stock often depends not only on the future outlook of the current and potential Sasken Technologies' 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. Sasken Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.3 M | |
| Cash And Short Term Investments | 745.3 M |
Sasken Technologies Technical Analysis
Sasken Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Sasken Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sasken Technologies Limited. In general, you should focus on analyzing Sasken Stock price patterns and their correlations with different microeconomic environments and drivers.
Sasken Technologies Predictive Forecast Models
Sasken Technologies' time-series forecasting models is one of many Sasken 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 Sasken 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 Sasken Technologies
Checking the ongoing alerts about Sasken Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sasken Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sasken Technologies appears to be risky and price may revert if volatility continues | |
| About 57.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Unique Stocks These counters held by only one MF scheme surged 50-150 percent in CY24 so far - The Economic Times |
Other Information on Investing in Sasken Stock
Sasken Technologies financial ratios help investors to determine whether Sasken 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 Sasken with respect to the benefits of owning Sasken Technologies security.