Shriram Finance (India) Probability of Future Stock Price Finishing Under 3,394
| SHRIRAMFIN | 3,186 79.60 2.56% |
Shriram |
Shriram Finance Target Price Odds to finish below 3,394
The tendency of Shriram 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 below current price in 90 days |
| 3,186 | 90 days | 3,186 | about 42.37 |
Based on a normal probability distribution, the odds of Shriram Finance to move below current price in 90 days from now is about 42.37 (This Shriram Finance Limited probability density function shows the probability of Shriram Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shriram Finance Limited has a beta of -0.0545. This usually implies as returns on the benchmark increase, returns on holding Shriram Finance are expected to decrease at a much lower rate. During a bear market, however, Shriram Finance Limited is likely to outperform the market. Additionally Shriram Finance 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. Shriram Finance Price Density |
| Price |
Predictive Modules for Shriram Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shriram Finance. 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.Shriram Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shriram Finance is not an exception. The market had few large corrections towards the Shriram Finance'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 Shriram Finance Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shriram Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0011 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 206.53 | |
Ir | Information ratio | -0.06 |
Shriram Finance 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 Shriram Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shriram Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shriram Finance generated a negative expected return over the last 90 days | |
| Shriram Finance is unlikely to experience financial distress in the next 2 years | |
| Shriram Finance Limited has accumulated about 97.75 B in cash with (311.01 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Share Market Highlights 10th December 2024 Sensex closes flat at 81,510.05, Nifty declines by 8.95 points to end at 24,610.05 - BusinessLine |
Shriram Finance 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 Shriram Stock often depends not only on the future outlook of the current and potential Shriram Finance'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. Shriram Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 376.4 M | |
| Cash And Short Term Investments | 111.7 B |
Shriram Finance Technical Analysis
Shriram Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Shriram Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shriram Finance Limited. In general, you should focus on analyzing Shriram Stock price patterns and their correlations with different microeconomic environments and drivers.
Shriram Finance Predictive Forecast Models
Shriram Finance's time-series forecasting models is one of many Shriram Finance'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 Shriram Finance'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 Shriram Finance
Checking the ongoing alerts about Shriram Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shriram Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shriram Finance generated a negative expected return over the last 90 days | |
| Shriram Finance is unlikely to experience financial distress in the next 2 years | |
| Shriram Finance Limited has accumulated about 97.75 B in cash with (311.01 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Share Market Highlights 10th December 2024 Sensex closes flat at 81,510.05, Nifty declines by 8.95 points to end at 24,610.05 - BusinessLine |
Other Information on Investing in Shriram Stock
Shriram Finance financial ratios help investors to determine whether Shriram 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 Shriram with respect to the benefits of owning Shriram Finance security.