Touchwood Entertainment (India) Probability of Future Stock Price Finishing Under 163.89

TOUCHWOOD   159.74  0.61  0.38%   
Touchwood Entertainment's future price is the expected price of Touchwood Entertainment instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Touchwood Entertainment Limited performance during a given time horizon utilizing its historical volatility. Check out Touchwood Entertainment Backtesting, Touchwood Entertainment Valuation, Touchwood Entertainment Correlation, Touchwood Entertainment Hype Analysis, Touchwood Entertainment Volatility, Touchwood Entertainment History as well as Touchwood Entertainment Performance.
  
Please specify Touchwood Entertainment's target price for which you would like Touchwood Entertainment odds to be computed.

Touchwood Entertainment Target Price Odds to finish below 163.89

The tendency of Touchwood 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 PriceHorizonTarget PriceOdds to stay under  163.89  after 90 days
 159.74 90 days 163.89 
about 87.73
Based on a normal probability distribution, the odds of Touchwood Entertainment to stay under  163.89  after 90 days from now is about 87.73 (This Touchwood Entertainment Limited probability density function shows the probability of Touchwood Stock to fall within a particular range of prices over 90 days) . Probability of Touchwood Entertainment price to stay between its current price of  159.74  and  163.89  at the end of the 90-day period is about 9.04 .
Assuming the 90 days trading horizon Touchwood Entertainment has a beta of 0.25. This usually implies as returns on the market go up, Touchwood Entertainment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Touchwood Entertainment Limited will be expected to be much smaller as well. Additionally Touchwood Entertainment Limited has an alpha of 0.0982, implying that it can generate a 0.0982 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Touchwood Entertainment Price Density   
       Price  

Predictive Modules for Touchwood Entertainment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Touchwood Entertainment. 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.
Hype
Prediction
LowEstimatedHigh
157.08159.91162.74
Details
Intrinsic
Valuation
LowRealHigh
127.82130.65175.71
Details
Naive
Forecast
LowNextHigh
173.16175.99178.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
123.12141.02158.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Touchwood Entertainment. Your research has to be compared to or analyzed against Touchwood Entertainment's peers to derive any actionable benefits. When done correctly, Touchwood Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Touchwood Entertainment.

Touchwood Entertainment Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Touchwood Entertainment is not an exception. The market had few large corrections towards the Touchwood Entertainment'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 Touchwood Entertainment Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Touchwood Entertainment within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.1
β
Beta against Dow Jones0.25
σ
Overall volatility
11.30
Ir
Information ratio 0

Touchwood Entertainment 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 Touchwood Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Touchwood Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Touchwood Entertainment is unlikely to experience financial distress in the next 2 years
Touchwood Entertainment Limited has accumulated about 20.79 M in cash with (24.01 M) of positive cash flow from operations.
Latest headline from news.google.com: Touchwood Enter Consolidated September 2024 Net Sales at Rs 3.95 crore, up 4.04 percent Y-o-Y - Moneycontrol

Touchwood Entertainment 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 Touchwood Stock often depends not only on the future outlook of the current and potential Touchwood Entertainment'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. Touchwood Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding11.1 M
Cash And Short Term Investments266.8 M

Touchwood Entertainment Technical Analysis

Touchwood Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Touchwood Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Touchwood Entertainment Limited. In general, you should focus on analyzing Touchwood Stock price patterns and their correlations with different microeconomic environments and drivers.

Touchwood Entertainment Predictive Forecast Models

Touchwood Entertainment's time-series forecasting models is one of many Touchwood Entertainment'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 Touchwood Entertainment'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 Touchwood Entertainment

Checking the ongoing alerts about Touchwood Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Touchwood Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Touchwood Entertainment is unlikely to experience financial distress in the next 2 years
Touchwood Entertainment Limited has accumulated about 20.79 M in cash with (24.01 M) of positive cash flow from operations.
Latest headline from news.google.com: Touchwood Enter Consolidated September 2024 Net Sales at Rs 3.95 crore, up 4.04 percent Y-o-Y - Moneycontrol

Other Information on Investing in Touchwood Stock

Touchwood Entertainment financial ratios help investors to determine whether Touchwood 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 Touchwood with respect to the benefits of owning Touchwood Entertainment security.