Innova Captab (India) Probability of Future Stock Price Finishing Under 1,096
| INNOVACAP | 1,089 17.55 1.64% |
Innova |
Innova Captab Target Price Odds to finish below 1,096
The tendency of Innova 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 |
| 1,089 | 90 days | 1,089 | about 97.0 |
Based on a normal probability distribution, the odds of Innova Captab to move below current price in 90 days from now is about 97.0 (This Innova Captab Limited probability density function shows the probability of Innova Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Innova Captab has a beta of 0.22. This usually indicates as returns on the market go up, Innova Captab average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Innova Captab Limited will be expected to be much smaller as well. Additionally Innova Captab Limited has an alpha of 0.5784, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Innova Captab Price Density |
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Predictive Modules for Innova Captab
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innova Captab 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innova Captab's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innova Captab Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innova Captab is not an exception. The market had few large corrections towards the Innova Captab'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 Innova Captab Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innova Captab within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 128.71 | |
Ir | Information ratio | 0.15 |
Innova Captab 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 Innova Captab for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innova Captab 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.| Innova Captab appears to be risky and price may revert if volatility continues | |
| Innova Captab is unlikely to experience financial distress in the next 2 years | |
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: INNOVA CAPTAB LTD. Share Price Today Up 6 percent - Equitymaster |
Innova Captab 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 Innova Stock often depends not only on the future outlook of the current and potential Innova Captab'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. Innova Captab's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.6 M | |
| Cash And Short Term Investments | 840.9 M | |
| Shares Float | 15.7 M |
Innova Captab Technical Analysis
Innova Captab's future price can be derived by breaking down and analyzing its technical indicators over time. Innova Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Innova Captab Limited. In general, you should focus on analyzing Innova Stock price patterns and their correlations with different microeconomic environments and drivers.
Innova Captab Predictive Forecast Models
Innova Captab's time-series forecasting models is one of many Innova Captab'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 Innova Captab'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 Innova Captab Limited
Checking the ongoing alerts about Innova Captab for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innova Captab Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Innova Captab appears to be risky and price may revert if volatility continues | |
| Innova Captab is unlikely to experience financial distress in the next 2 years | |
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: INNOVA CAPTAB LTD. Share Price Today Up 6 percent - Equitymaster |
Other Information on Investing in Innova Stock
Innova Captab financial ratios help investors to determine whether Innova 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 Innova with respect to the benefits of owning Innova Captab security.