Zaggle Prepaid (India) Probability of Future Stock Price Finishing Over 545.95
ZAGGLE Stock | 545.95 23.70 4.16% |
Zaggle |
Zaggle Prepaid Target Price Odds to finish over 545.95
The tendency of Zaggle 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 above the current price in 90 days |
545.95 | 90 days | 545.95 | about 7.35 |
Based on a normal probability distribution, the odds of Zaggle Prepaid to move above the current price in 90 days from now is about 7.35 (This Zaggle Prepaid Ocean probability density function shows the probability of Zaggle Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Zaggle Prepaid Ocean has a beta of -0.5. This usually means as returns on the benchmark increase, returns on holding Zaggle Prepaid are expected to decrease at a much lower rate. During a bear market, however, Zaggle Prepaid Ocean is likely to outperform the market. Additionally Zaggle Prepaid Ocean has an alpha of 0.3569, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zaggle Prepaid Price Density |
Price |
Predictive Modules for Zaggle Prepaid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zaggle Prepaid Ocean. 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.Zaggle Prepaid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zaggle Prepaid is not an exception. The market had few large corrections towards the Zaggle Prepaid'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 Zaggle Prepaid Ocean, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zaggle Prepaid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 53.76 | |
Ir | Information ratio | 0.11 |
Zaggle Prepaid 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 Zaggle Prepaid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zaggle Prepaid Ocean can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Zaggle Prepaid generates negative cash flow from operations | |
About 59.0% of the company outstanding shares are owned by insiders | |
Latest headline from news.google.com: Heres Why Zaggle Prepaid Ocean Services Has Caught The Eye Of Investors - Simply Wall St |
Zaggle Prepaid 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 Zaggle Stock often depends not only on the future outlook of the current and potential Zaggle Prepaid'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. Zaggle Prepaid's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 109.2 M | |
Cash And Short Term Investments | 112.8 M |
Zaggle Prepaid Technical Analysis
Zaggle Prepaid's future price can be derived by breaking down and analyzing its technical indicators over time. Zaggle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zaggle Prepaid Ocean. In general, you should focus on analyzing Zaggle Stock price patterns and their correlations with different microeconomic environments and drivers.
Zaggle Prepaid Predictive Forecast Models
Zaggle Prepaid's time-series forecasting models is one of many Zaggle Prepaid'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 Zaggle Prepaid'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 Zaggle Prepaid Ocean
Checking the ongoing alerts about Zaggle Prepaid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zaggle Prepaid Ocean help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Zaggle Prepaid generates negative cash flow from operations | |
About 59.0% of the company outstanding shares are owned by insiders | |
Latest headline from news.google.com: Heres Why Zaggle Prepaid Ocean Services Has Caught The Eye Of Investors - Simply Wall St |
Other Information on Investing in Zaggle Stock
Zaggle Prepaid financial ratios help investors to determine whether Zaggle 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 Zaggle with respect to the benefits of owning Zaggle Prepaid security.