Spandana Sphoorty (India) Probability of Future Stock Price Finishing Over 495.94
| SPANDANA | 450.85 25.50 5.35% |
Spandana |
Spandana Sphoorty Target Price Odds to finish over 495.94
The tendency of Spandana 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 over 495.94 or more in 90 days |
| 450.85 | 90 days | 495.94 | about 9.89 |
Based on a normal probability distribution, the odds of Spandana Sphoorty to move over 495.94 or more in 90 days from now is about 9.89 (This Spandana Sphoorty Financial probability density function shows the probability of Spandana Stock to fall within a particular range of prices over 90 days) . Probability of Spandana Sphoorty price to stay between its current price of 450.85 and 495.94 at the end of the 90-day period is about 16.61 .
Assuming the 90 days trading horizon Spandana Sphoorty Financial has a beta of -0.35. This usually implies as returns on the benchmark increase, returns on holding Spandana Sphoorty are expected to decrease at a much lower rate. During a bear market, however, Spandana Sphoorty Financial is likely to outperform the market. Additionally Spandana Sphoorty Financial 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. Spandana Sphoorty Price Density |
| Price |
Predictive Modules for Spandana Sphoorty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spandana Sphoorty. 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 Spandana Sphoorty'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.
Spandana Sphoorty Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spandana Sphoorty is not an exception. The market had few large corrections towards the Spandana Sphoorty'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 Spandana Sphoorty Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spandana Sphoorty within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 68.31 | |
Ir | Information ratio | -0.04 |
Spandana Sphoorty 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 Spandana Sphoorty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spandana Sphoorty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spandana Sphoorty generated a negative expected return over the last 90 days | |
| Spandana Sphoorty has high historical volatility and very poor performance | |
| Spandana Sphoorty Financial has accumulated about 200.04 M in cash with (27.07 B) of positive cash flow from operations. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 52 Week Low Stocks Today on December 18, 2024 Sanghi Industries, Spandana Sphoorty Financial others hit 52 week low today Check the full list here Stock Market News - Mint |
Spandana Sphoorty 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 Spandana Stock often depends not only on the future outlook of the current and potential Spandana Sphoorty'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. Spandana Sphoorty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.2 M | |
| Cash And Short Term Investments | 18 B |
Spandana Sphoorty Technical Analysis
Spandana Sphoorty's future price can be derived by breaking down and analyzing its technical indicators over time. Spandana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spandana Sphoorty Financial. In general, you should focus on analyzing Spandana Stock price patterns and their correlations with different microeconomic environments and drivers.
Spandana Sphoorty Predictive Forecast Models
Spandana Sphoorty's time-series forecasting models is one of many Spandana Sphoorty'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 Spandana Sphoorty'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 Spandana Sphoorty
Checking the ongoing alerts about Spandana Sphoorty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spandana Sphoorty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spandana Sphoorty generated a negative expected return over the last 90 days | |
| Spandana Sphoorty has high historical volatility and very poor performance | |
| Spandana Sphoorty Financial has accumulated about 200.04 M in cash with (27.07 B) of positive cash flow from operations. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 52 Week Low Stocks Today on December 18, 2024 Sanghi Industries, Spandana Sphoorty Financial others hit 52 week low today Check the full list here Stock Market News - Mint |
Other Information on Investing in Spandana Stock
Spandana Sphoorty financial ratios help investors to determine whether Spandana 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 Spandana with respect to the benefits of owning Spandana Sphoorty security.