Spencers Retail (India) Probability of Future Stock Price Finishing Under 100.02
| SPENCERS | 82.91 1.49 1.77% |
Spencers |
Spencers Retail Target Price Odds to finish below 100.02
The tendency of Spencers 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 100.02 after 90 days |
| 82.91 | 90 days | 100.02 | about 82.16 |
Based on a normal probability distribution, the odds of Spencers Retail to stay under 100.02 after 90 days from now is about 82.16 (This Spencers Retail Limited probability density function shows the probability of Spencers Stock to fall within a particular range of prices over 90 days) . Probability of Spencers Retail price to stay between its current price of 82.91 and 100.02 at the end of the 90-day period is about 71.97 .
Assuming the 90 days trading horizon Spencers Retail has a beta of 0.56. This usually implies as returns on the market go up, Spencers Retail average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spencers Retail Limited will be expected to be much smaller as well. Additionally Spencers Retail 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. Spencers Retail Price Density |
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Predictive Modules for Spencers Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spencers Retail. 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 Spencers Retail'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.
Spencers Retail Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spencers Retail is not an exception. The market had few large corrections towards the Spencers Retail'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 Spencers Retail Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spencers Retail within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 7.81 | |
Ir | Information ratio | -0.08 |
Spencers Retail 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 Spencers Retail for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spencers Retail can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spencers Retail generated a negative expected return over the last 90 days | |
| The company reported the revenue of 23.45 B. Net Loss for the year was (2.66 B) with profit before overhead, payroll, taxes, and interest of 4.38 B. | |
| About 63.0% of the company outstanding shares are owned by corporate insiders |
Spencers Retail 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 Spencers Stock often depends not only on the future outlook of the current and potential Spencers Retail'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. Spencers Retail's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.1 M | |
| Cash And Short Term Investments | 314.6 M |
Spencers Retail Technical Analysis
Spencers Retail's future price can be derived by breaking down and analyzing its technical indicators over time. Spencers Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spencers Retail Limited. In general, you should focus on analyzing Spencers Stock price patterns and their correlations with different microeconomic environments and drivers.
Spencers Retail Predictive Forecast Models
Spencers Retail's time-series forecasting models is one of many Spencers Retail'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 Spencers Retail'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 Spencers Retail
Checking the ongoing alerts about Spencers Retail for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spencers Retail help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spencers Retail generated a negative expected return over the last 90 days | |
| The company reported the revenue of 23.45 B. Net Loss for the year was (2.66 B) with profit before overhead, payroll, taxes, and interest of 4.38 B. | |
| About 63.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Spencers Stock Analysis
When running Spencers Retail's price analysis, check to measure Spencers Retail's 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 Spencers Retail is operating at the current time. Most of Spencers Retail's value examination focuses on studying past and present price action to predict the probability of Spencers Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spencers Retail's price. Additionally, you may evaluate how the addition of Spencers Retail to your portfolios can decrease your overall portfolio volatility.