Wonder Electricals (India) Probability of Future Stock Price Finishing Under 138.84
| WEL Stock | 166.48 4.39 2.71% |
Wonder |
Wonder Electricals Target Price Odds to finish below 138.84
The tendency of Wonder 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 138.84 or more in 90 days |
| 166.48 | 90 days | 138.84 | about 19.43 |
Based on a normal probability distribution, the odds of Wonder Electricals to drop to 138.84 or more in 90 days from now is about 19.43 (This Wonder Electricals Limited probability density function shows the probability of Wonder Stock to fall within a particular range of prices over 90 days) . Probability of Wonder Electricals price to stay between 138.84 and its current price of 166.48 at the end of the 90-day period is about 76.09 .
Assuming the 90 days trading horizon Wonder Electricals Limited has a beta of -0.17. This entails as returns on the benchmark increase, returns on holding Wonder Electricals are expected to decrease at a much lower rate. During a bear market, however, Wonder Electricals Limited is likely to outperform the market. Additionally Wonder Electricals Limited has an alpha of 0.2227, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wonder Electricals Price Density |
| Price |
Predictive Modules for Wonder Electricals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wonder Electricals. 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.Wonder Electricals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wonder Electricals is not an exception. The market had few large corrections towards the Wonder Electricals' 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 Wonder Electricals Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wonder Electricals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 10.76 | |
Ir | Information ratio | 0.05 |
Wonder Electricals 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 Wonder Electricals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wonder Electricals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wonder Electricals had very high historical volatility over the last 90 days | |
| About 81.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Wonder Electricals Limited Stock Rockets 29 percent As Investors Are Less Pessimistic Than Expected - Simply Wall St |
Wonder Electricals 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 Wonder Stock often depends not only on the future outlook of the current and potential Wonder Electricals' 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. Wonder Electricals' indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0012 | |
| Forward Annual Dividend Rate | 0.2 | |
| Shares Float | 2.4 M |
Wonder Electricals Technical Analysis
Wonder Electricals' future price can be derived by breaking down and analyzing its technical indicators over time. Wonder Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wonder Electricals Limited. In general, you should focus on analyzing Wonder Stock price patterns and their correlations with different microeconomic environments and drivers.
Wonder Electricals Predictive Forecast Models
Wonder Electricals' time-series forecasting models is one of many Wonder Electricals' 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 Wonder Electricals' 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 Wonder Electricals
Checking the ongoing alerts about Wonder Electricals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wonder Electricals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wonder Electricals had very high historical volatility over the last 90 days | |
| About 81.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Wonder Electricals Limited Stock Rockets 29 percent As Investors Are Less Pessimistic Than Expected - Simply Wall St |
Other Information on Investing in Wonder Stock
Wonder Electricals financial ratios help investors to determine whether Wonder 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 Wonder with respect to the benefits of owning Wonder Electricals security.