Pritish Nandy (India) Probability of Future Stock Price Finishing Under 63.55
| PNC Stock | 57.99 0.17 0.29% |
Pritish |
Pritish Nandy Target Price Odds to finish below 63.55
The tendency of Pritish 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 stay under 63.55 after 90 days |
| 57.99 | 90 days | 63.55 | about 56.67 |
Based on a normal probability distribution, the odds of Pritish Nandy to stay under 63.55 after 90 days from now is about 56.67 (This Pritish Nandy Communications probability density function shows the probability of Pritish Stock to fall within a particular range of prices over 90 days) . Probability of Pritish Nandy Commun price to stay between its current price of 57.99 and 63.55 at the end of the 90-day period is about 46.95 .
Assuming the 90 days trading horizon Pritish Nandy Communications has a beta of -0.32 indicating as returns on the benchmark increase, returns on holding Pritish Nandy are expected to decrease at a much lower rate. During a bear market, however, Pritish Nandy Communications is likely to outperform the market. Additionally Pritish Nandy Communications 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. Pritish Nandy Price Density |
| Price |
Predictive Modules for Pritish Nandy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pritish Nandy Commun. 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.Pritish Nandy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pritish Nandy is not an exception. The market had few large corrections towards the Pritish Nandy'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 Pritish Nandy Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pritish Nandy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 3.81 | |
Ir | Information ratio | -0.03 |
Pritish Nandy 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 Pritish Nandy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pritish Nandy Commun can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pritish Nandy Commun generated a negative expected return over the last 90 days | |
| Pritish Nandy Commun has high historical volatility and very poor performance | |
| Pritish Nandy Commun is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pritish Nandy Consolidated September 2024 Net Sales at Rs 3.73 crore, down 78.64 percent Y-o-Y - Moneycontrol |
Pritish Nandy 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 Pritish Stock often depends not only on the future outlook of the current and potential Pritish Nandy'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. Pritish Nandy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.5 M | |
| Cash And Short Term Investments | 99.1 M |
Pritish Nandy Technical Analysis
Pritish Nandy's future price can be derived by breaking down and analyzing its technical indicators over time. Pritish Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pritish Nandy Communications. In general, you should focus on analyzing Pritish Stock price patterns and their correlations with different microeconomic environments and drivers.
Pritish Nandy Predictive Forecast Models
Pritish Nandy's time-series forecasting models is one of many Pritish Nandy'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 Pritish Nandy'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 Pritish Nandy Commun
Checking the ongoing alerts about Pritish Nandy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pritish Nandy Commun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pritish Nandy Commun generated a negative expected return over the last 90 days | |
| Pritish Nandy Commun has high historical volatility and very poor performance | |
| Pritish Nandy Commun is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pritish Nandy Consolidated September 2024 Net Sales at Rs 3.73 crore, down 78.64 percent Y-o-Y - Moneycontrol |
Other Information on Investing in Pritish Stock
Pritish Nandy financial ratios help investors to determine whether Pritish 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 Pritish with respect to the benefits of owning Pritish Nandy security.