Radiant Cash (India) Probability of Future Stock Price Finishing Over 78.18
| RADIANTCMS | 77.67 0.71 0.92% |
Radiant |
Radiant Cash Target Price Odds to finish over 78.18
The tendency of Radiant 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 78.18 or more in 90 days |
| 77.67 | 90 days | 78.18 | about 48.4 |
Based on a normal probability distribution, the odds of Radiant Cash to move over 78.18 or more in 90 days from now is about 48.4 (This Radiant Cash Management probability density function shows the probability of Radiant Stock to fall within a particular range of prices over 90 days) . Probability of Radiant Cash Management price to stay between its current price of 77.67 and 78.18 at the end of the 90-day period is about 7.4 .
Assuming the 90 days trading horizon Radiant Cash has a beta of 0.25 indicating as returns on the market go up, Radiant Cash average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Radiant Cash Management will be expected to be much smaller as well. Additionally Radiant Cash Management 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. Radiant Cash Price Density |
| Price |
Predictive Modules for Radiant Cash
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Radiant Cash Management. 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.Radiant Cash Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Radiant Cash is not an exception. The market had few large corrections towards the Radiant Cash'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 Radiant Cash Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Radiant Cash within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 2.74 | |
Ir | Information ratio | -0.11 |
Radiant Cash 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 Radiant Cash for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Radiant Cash Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Radiant Cash generated a negative expected return over the last 90 days | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Radiant Cash Standalone September 2024 Net Sales at Rs 102. crore, up 9.54 percent Y-o-Y - Moneycontrol |
Radiant Cash 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 Radiant Stock often depends not only on the future outlook of the current and potential Radiant Cash'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. Radiant Cash's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.7 M | |
| Cash And Short Term Investments | 1.4 B |
Radiant Cash Technical Analysis
Radiant Cash's future price can be derived by breaking down and analyzing its technical indicators over time. Radiant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Radiant Cash Management. In general, you should focus on analyzing Radiant Stock price patterns and their correlations with different microeconomic environments and drivers.
Radiant Cash Predictive Forecast Models
Radiant Cash's time-series forecasting models is one of many Radiant Cash'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 Radiant Cash'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 Radiant Cash Management
Checking the ongoing alerts about Radiant Cash for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Radiant Cash Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Radiant Cash generated a negative expected return over the last 90 days | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Radiant Cash Standalone September 2024 Net Sales at Rs 102. crore, up 9.54 percent Y-o-Y - Moneycontrol |
Additional Tools for Radiant Stock Analysis
When running Radiant Cash's price analysis, check to measure Radiant Cash's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Radiant Cash is operating at the current time. Most of Radiant Cash's value examination focuses on studying past and present price action to predict the probability of Radiant Cash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Cash's price. Additionally, you may evaluate how the addition of Radiant Cash to your portfolios can decrease your overall portfolio volatility.