Tech Mahindra (India) Probability of Future Stock Price Finishing Under 1,775
| TECHM Stock | 1,790 26.80 1.52% |
Tech |
Tech Mahindra Target Price Odds to finish below 1,775
The tendency of Tech 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 below current price in 90 days |
| 1,790 | 90 days | 1,790 | roughly 97.0 |
Based on a normal probability distribution, the odds of Tech Mahindra to move below current price in 90 days from now is roughly 97.0 (This Tech Mahindra Limited probability density function shows the probability of Tech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Tech Mahindra Limited has a beta of -0.19. This usually implies as returns on the benchmark increase, returns on holding Tech Mahindra are expected to decrease at a much lower rate. During a bear market, however, Tech Mahindra Limited is likely to outperform the market. Additionally Tech Mahindra Limited has an alpha of 0.2253, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tech Mahindra Price Density |
| Price |
Predictive Modules for Tech Mahindra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tech Mahindra Limited. 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.Tech Mahindra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tech Mahindra is not an exception. The market had few large corrections towards the Tech Mahindra'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 Tech Mahindra Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tech Mahindra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 62.59 | |
Ir | Information ratio | 0.07 |
Tech Mahindra 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 Tech Mahindra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tech Mahindra Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tech Mahindra Share Price Highlights Tech Mahindra closed today at 1789.75, up 1.67 percent from yesterdays 1760.4 Stock Market News - Mint |
Tech Mahindra 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 Tech Stock often depends not only on the future outlook of the current and potential Tech Mahindra'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. Tech Mahindra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 887.2 M | |
| Cash And Short Term Investments | 73.6 B |
Tech Mahindra Technical Analysis
Tech Mahindra's future price can be derived by breaking down and analyzing its technical indicators over time. Tech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tech Mahindra Limited. In general, you should focus on analyzing Tech Stock price patterns and their correlations with different microeconomic environments and drivers.
Tech Mahindra Predictive Forecast Models
Tech Mahindra's time-series forecasting models is one of many Tech Mahindra'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 Tech Mahindra'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 Tech Mahindra Limited
Checking the ongoing alerts about Tech Mahindra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tech Mahindra Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tech Mahindra Share Price Highlights Tech Mahindra closed today at 1789.75, up 1.67 percent from yesterdays 1760.4 Stock Market News - Mint |
Other Information on Investing in Tech Stock
Tech Mahindra financial ratios help investors to determine whether Tech 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 Tech with respect to the benefits of owning Tech Mahindra security.