Jagsonpal Pharmaceuticals (India) Probability of Future Stock Price Finishing Over 678.35
| JAGSNPHARM | 639.65 23.25 3.77% |
Jagsonpal |
Jagsonpal Pharmaceuticals Target Price Odds to finish over 678.35
The tendency of Jagsonpal 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 over 678.35 or more in 90 days |
| 639.65 | 90 days | 678.35 | about 14.23 |
Based on a normal probability distribution, the odds of Jagsonpal Pharmaceuticals to move over 678.35 or more in 90 days from now is about 14.23 (This Jagsonpal Pharmaceuticals Limited probability density function shows the probability of Jagsonpal Stock to fall within a particular range of prices over 90 days) . Probability of Jagsonpal Pharmaceuticals price to stay between its current price of 639.65 and 678.35 at the end of the 90-day period is about 9.77 .
Assuming the 90 days trading horizon Jagsonpal Pharmaceuticals has a beta of 0.94. This indicates Jagsonpal Pharmaceuticals Limited market returns are responsive to returns on the market. As the market goes up or down, Jagsonpal Pharmaceuticals is expected to follow. Additionally Jagsonpal Pharmaceuticals Limited has an alpha of 0.7105, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jagsonpal Pharmaceuticals Price Density |
| Price |
Predictive Modules for Jagsonpal Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jagsonpal Pharmaceuticals. 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.Jagsonpal Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jagsonpal Pharmaceuticals is not an exception. The market had few large corrections towards the Jagsonpal Pharmaceuticals' 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 Jagsonpal Pharmaceuticals Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jagsonpal Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 106.41 | |
Ir | Information ratio | 0.17 |
Jagsonpal Pharmaceuticals 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 Jagsonpal Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jagsonpal Pharmaceuticals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jagsonpal Pharmaceuticals appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are held by company insiders |
Jagsonpal Pharmaceuticals 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 Jagsonpal Stock often depends not only on the future outlook of the current and potential Jagsonpal Pharmaceuticals' 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. Jagsonpal Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.6 M | |
| Cash And Short Term Investments | 1.5 B |
Jagsonpal Pharmaceuticals Technical Analysis
Jagsonpal Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Jagsonpal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jagsonpal Pharmaceuticals Limited. In general, you should focus on analyzing Jagsonpal Stock price patterns and their correlations with different microeconomic environments and drivers.
Jagsonpal Pharmaceuticals Predictive Forecast Models
Jagsonpal Pharmaceuticals' time-series forecasting models is one of many Jagsonpal Pharmaceuticals' 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 Jagsonpal Pharmaceuticals' 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 Jagsonpal Pharmaceuticals
Checking the ongoing alerts about Jagsonpal Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jagsonpal Pharmaceuticals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jagsonpal Pharmaceuticals appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are held by company insiders |
Other Information on Investing in Jagsonpal Stock
Jagsonpal Pharmaceuticals financial ratios help investors to determine whether Jagsonpal 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 Jagsonpal with respect to the benefits of owning Jagsonpal Pharmaceuticals security.