Maithan Alloys (India) Probability of Future Stock Price Finishing Over 1,156
| MAITHANALL | 1,112 1.55 0.14% |
Maithan |
Maithan Alloys Target Price Odds to finish over 1,156
The tendency of Maithan 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 |
| 1,112 | 90 days | 1,112 | about 39.06 |
Based on a normal probability distribution, the odds of Maithan Alloys to move above the current price in 90 days from now is about 39.06 (This Maithan Alloys Limited probability density function shows the probability of Maithan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Maithan Alloys Limited has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding Maithan Alloys are expected to decrease at a much lower rate. During a bear market, however, Maithan Alloys Limited is likely to outperform the market. Additionally Maithan Alloys 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. Maithan Alloys Price Density |
| Price |
Predictive Modules for Maithan Alloys
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Maithan Alloys. 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.Maithan Alloys Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Maithan Alloys is not an exception. The market had few large corrections towards the Maithan Alloys' 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 Maithan Alloys Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Maithan Alloys within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 57.69 | |
Ir | Information ratio | -0.07 |
Maithan Alloys 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 Maithan Alloys for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Maithan Alloys can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Maithan Alloys generated a negative expected return over the last 90 days | |
| Maithan Alloys Limited has accumulated about 10.39 B in cash with (4.11 B) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Maithan Alloys CMP Rs 1181 - 9 Indian stock picks inspired by Peter Lynchs investment style - The Economic Times |
Maithan Alloys 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 Maithan Stock often depends not only on the future outlook of the current and potential Maithan Alloys' 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. Maithan Alloys' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.1 M | |
| Cash And Short Term Investments | 18 B |
Maithan Alloys Technical Analysis
Maithan Alloys' future price can be derived by breaking down and analyzing its technical indicators over time. Maithan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Maithan Alloys Limited. In general, you should focus on analyzing Maithan Stock price patterns and their correlations with different microeconomic environments and drivers.
Maithan Alloys Predictive Forecast Models
Maithan Alloys' time-series forecasting models is one of many Maithan Alloys' 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 Maithan Alloys' 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 Maithan Alloys
Checking the ongoing alerts about Maithan Alloys for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Maithan Alloys help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Maithan Alloys generated a negative expected return over the last 90 days | |
| Maithan Alloys Limited has accumulated about 10.39 B in cash with (4.11 B) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Maithan Alloys CMP Rs 1181 - 9 Indian stock picks inspired by Peter Lynchs investment style - The Economic Times |
Other Information on Investing in Maithan Stock
Maithan Alloys financial ratios help investors to determine whether Maithan 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 Maithan with respect to the benefits of owning Maithan Alloys security.