PSP Projects (India) Probability of Future Stock Price Finishing Over 653.01
| PSPPROJECT | 653.35 0.50 0.08% |
PSP |
PSP Projects Target Price Odds to finish over 653.01
The tendency of PSP 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 above 653.01 in 90 days |
| 653.35 | 90 days | 653.01 | about 37.2 |
Based on a normal probability distribution, the odds of PSP Projects to stay above 653.01 in 90 days from now is about 37.2 (This PSP Projects Limited probability density function shows the probability of PSP Stock to fall within a particular range of prices over 90 days) . Probability of PSP Projects Limited price to stay between 653.01 and its current price of 653.35 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon PSP Projects has a beta of 0.43 indicating as returns on the market go up, PSP Projects average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PSP Projects Limited will be expected to be much smaller as well. Additionally PSP Projects 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. PSP Projects Price Density |
| Price |
Predictive Modules for PSP Projects
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PSP Projects 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.PSP Projects Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PSP Projects is not an exception. The market had few large corrections towards the PSP Projects' 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 PSP Projects Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PSP Projects within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 27.69 | |
Ir | Information ratio | -0.05 |
PSP Projects 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 PSP Projects for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PSP Projects 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.| PSP Projects Limited generated a negative expected return over the last 90 days | |
| PSP Projects Limited has accumulated about 1.48 B in cash with (2.24 B) of positive cash flow from operations. | |
| Roughly 63.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Adani Infra to acquire 30 percent stake in PSP Projects for Rs685 crore - domain-b.com The first online Indian business magazine |
PSP Projects 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 PSP Stock often depends not only on the future outlook of the current and potential PSP Projects' 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. PSP Projects' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36 M | |
| Cash And Short Term Investments | 2.3 B |
PSP Projects Technical Analysis
PSP Projects' future price can be derived by breaking down and analyzing its technical indicators over time. PSP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PSP Projects Limited. In general, you should focus on analyzing PSP Stock price patterns and their correlations with different microeconomic environments and drivers.
PSP Projects Predictive Forecast Models
PSP Projects' time-series forecasting models is one of many PSP Projects' 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 PSP Projects' 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 PSP Projects Limited
Checking the ongoing alerts about PSP Projects for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PSP Projects Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PSP Projects Limited generated a negative expected return over the last 90 days | |
| PSP Projects Limited has accumulated about 1.48 B in cash with (2.24 B) of positive cash flow from operations. | |
| Roughly 63.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Adani Infra to acquire 30 percent stake in PSP Projects for Rs685 crore - domain-b.com The first online Indian business magazine |
Other Information on Investing in PSP Stock
PSP Projects financial ratios help investors to determine whether PSP 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 PSP with respect to the benefits of owning PSP Projects security.