SBI Cards (India) Probability of Future Stock Price Finishing Over 736.29
| SBICARD Stock | 726.80 3.95 0.54% |
SBI |
SBI Cards Target Price Odds to finish over 736.29
The tendency of SBI 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 736.29 or more in 90 days |
| 726.80 | 90 days | 736.29 | about 43.37 |
Based on a normal probability distribution, the odds of SBI Cards to move over 736.29 or more in 90 days from now is about 43.37 (This SBI Cards and probability density function shows the probability of SBI Stock to fall within a particular range of prices over 90 days) . Probability of SBI Cards price to stay between its current price of 726.80 and 736.29 at the end of the 90-day period is about 9.28 .
Assuming the 90 days trading horizon SBI Cards has a beta of 0.0024. This usually implies as returns on the market go up, SBI Cards average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SBI Cards and will be expected to be much smaller as well. Additionally SBI Cards and 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. SBI Cards Price Density |
| Price |
Predictive Modules for SBI Cards
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBI Cards. 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.SBI Cards Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SBI Cards is not an exception. The market had few large corrections towards the SBI Cards' 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 SBI Cards and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SBI Cards within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 40.63 | |
Ir | Information ratio | -0.2 |
SBI Cards 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 SBI Cards for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SBI Cards can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SBI Cards generated a negative expected return over the last 90 days | |
| SBI Cards is unlikely to experience financial distress in the next 2 years | |
| SBI Cards generates negative cash flow from operations | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Bruised Blue Chips 11 stocks, including Adani and DMart, plunge 30-80 percent from 5-year highs - The Economic Times |
SBI Cards 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 SBI Stock often depends not only on the future outlook of the current and potential SBI Cards' 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. SBI Cards' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 949.2 M | |
| Cash And Short Term Investments | 27.3 B |
SBI Cards Technical Analysis
SBI Cards' future price can be derived by breaking down and analyzing its technical indicators over time. SBI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SBI Cards and. In general, you should focus on analyzing SBI Stock price patterns and their correlations with different microeconomic environments and drivers.
SBI Cards Predictive Forecast Models
SBI Cards' time-series forecasting models is one of many SBI Cards' 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 SBI Cards' 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 SBI Cards
Checking the ongoing alerts about SBI Cards for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SBI Cards help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SBI Cards generated a negative expected return over the last 90 days | |
| SBI Cards is unlikely to experience financial distress in the next 2 years | |
| SBI Cards generates negative cash flow from operations | |
| About 69.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Bruised Blue Chips 11 stocks, including Adani and DMart, plunge 30-80 percent from 5-year highs - The Economic Times |
Other Information on Investing in SBI Stock
SBI Cards financial ratios help investors to determine whether SBI 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 SBI with respect to the benefits of owning SBI Cards security.