IDBI Bank (India) Probability of Future Stock Price Finishing Under 75.40
| IDBI Stock | 81.99 0.18 0.22% |
IDBI |
IDBI Bank Target Price Odds to finish below 75.40
The tendency of IDBI 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 75.40 or more in 90 days |
| 81.99 | 90 days | 75.40 | under 4 |
Based on a normal probability distribution, the odds of IDBI Bank to drop to 75.40 or more in 90 days from now is under 4 (This IDBI Bank Limited probability density function shows the probability of IDBI Stock to fall within a particular range of prices over 90 days) . Probability of IDBI Bank Limited price to stay between 75.40 and its current price of 81.99 at the end of the 90-day period is about 25.35 .
Assuming the 90 days trading horizon IDBI Bank has a beta of 0.63. This usually indicates as returns on the market go up, IDBI Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IDBI Bank Limited will be expected to be much smaller as well. Additionally IDBI Bank Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. IDBI Bank Price Density |
| Price |
Predictive Modules for IDBI Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IDBI Bank 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.IDBI Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IDBI Bank is not an exception. The market had few large corrections towards the IDBI Bank'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 IDBI Bank Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IDBI Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 5.31 | |
Ir | Information ratio | -0.15 |
IDBI Bank 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 IDBI Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IDBI Bank 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.| IDBI Bank Limited generated a negative expected return over the last 90 days | |
| IDBI Bank Limited is unlikely to experience financial distress in the next 2 years | |
| IDBI Bank generates negative cash flow from operations | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: IDBI Banks Stock Sees 3.8 percent Increase, Outperforms Banking Sector on November 19, 2024 - MarketsMojo |
IDBI Bank 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 IDBI Stock often depends not only on the future outlook of the current and potential IDBI Bank'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. IDBI Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 B | |
| Cash And Short Term Investments | 326.7 B |
IDBI Bank Technical Analysis
IDBI Bank's future price can be derived by breaking down and analyzing its technical indicators over time. IDBI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IDBI Bank Limited. In general, you should focus on analyzing IDBI Stock price patterns and their correlations with different microeconomic environments and drivers.
IDBI Bank Predictive Forecast Models
IDBI Bank's time-series forecasting models is one of many IDBI Bank'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 IDBI Bank'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 IDBI Bank Limited
Checking the ongoing alerts about IDBI Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IDBI Bank Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IDBI Bank Limited generated a negative expected return over the last 90 days | |
| IDBI Bank Limited is unlikely to experience financial distress in the next 2 years | |
| IDBI Bank generates negative cash flow from operations | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: IDBI Banks Stock Sees 3.8 percent Increase, Outperforms Banking Sector on November 19, 2024 - MarketsMojo |
Additional Tools for IDBI Stock Analysis
When running IDBI Bank's price analysis, check to measure IDBI Bank's 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 IDBI Bank is operating at the current time. Most of IDBI Bank's value examination focuses on studying past and present price action to predict the probability of IDBI Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDBI Bank's price. Additionally, you may evaluate how the addition of IDBI Bank to your portfolios can decrease your overall portfolio volatility.