Tarapur Transformers (India) Probability of Future Stock Price Finishing Under 44.92
| TARAPUR Stock | 45.49 0.93 2.00% |
Tarapur |
Tarapur Transformers Target Price Odds to finish below 44.92
The tendency of Tarapur 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 drop to 44.92 or more in 90 days |
| 45.49 | 90 days | 44.92 | roughly 96.0 |
Based on a normal probability distribution, the odds of Tarapur Transformers to drop to 44.92 or more in 90 days from now is roughly 96.0 (This Tarapur Transformers Limited probability density function shows the probability of Tarapur Stock to fall within a particular range of prices over 90 days) . Probability of Tarapur Transformers price to stay between 44.92 and its current price of 45.49 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tarapur Transformers Limited has a beta of -0.0926. This usually implies as returns on the benchmark increase, returns on holding Tarapur Transformers are expected to decrease at a much lower rate. During a bear market, however, Tarapur Transformers Limited is likely to outperform the market. Moreover Tarapur Transformers Limited has an alpha of 1.034, implying that it can generate a 1.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tarapur Transformers Price Density |
| Price |
Predictive Modules for Tarapur Transformers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tarapur Transformers. 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.Tarapur Transformers Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tarapur Transformers is not an exception. The market had few large corrections towards the Tarapur Transformers' 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 Tarapur Transformers Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tarapur Transformers within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.03 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 8.02 | |
Ir | Information ratio | 0.37 |
Tarapur Transformers 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 Tarapur Transformers for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tarapur Transformers can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tarapur is showing solid risk-adjusted performance over 90 days | |
| The company reported the revenue of 1.6 M. Net Loss for the year was (12.49 M) with profit before overhead, payroll, taxes, and interest of 10.21 M. | |
| Tarapur Transformers Limited has accumulated about 5.89 M in cash with (1.21 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tarapur Transformers Hits 52-Week High of Rs. 48.34, Up 737.78 percent Yearly - MarketsMojo |
Tarapur Transformers 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 Tarapur Stock often depends not only on the future outlook of the current and potential Tarapur Transformers' 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. Tarapur Transformers' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Cash And Short Term Investments | 11.4 M |
Tarapur Transformers Technical Analysis
Tarapur Transformers' future price can be derived by breaking down and analyzing its technical indicators over time. Tarapur Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tarapur Transformers Limited. In general, you should focus on analyzing Tarapur Stock price patterns and their correlations with different microeconomic environments and drivers.
Tarapur Transformers Predictive Forecast Models
Tarapur Transformers' time-series forecasting models is one of many Tarapur Transformers' 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 Tarapur Transformers' 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 Tarapur Transformers
Checking the ongoing alerts about Tarapur Transformers for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tarapur Transformers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tarapur is showing solid risk-adjusted performance over 90 days | |
| The company reported the revenue of 1.6 M. Net Loss for the year was (12.49 M) with profit before overhead, payroll, taxes, and interest of 10.21 M. | |
| Tarapur Transformers Limited has accumulated about 5.89 M in cash with (1.21 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tarapur Transformers Hits 52-Week High of Rs. 48.34, Up 737.78 percent Yearly - MarketsMojo |
Additional Tools for Tarapur Stock Analysis
When running Tarapur Transformers' price analysis, check to measure Tarapur Transformers' 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 Tarapur Transformers is operating at the current time. Most of Tarapur Transformers' value examination focuses on studying past and present price action to predict the probability of Tarapur Transformers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tarapur Transformers' price. Additionally, you may evaluate how the addition of Tarapur Transformers to your portfolios can decrease your overall portfolio volatility.