Sunflag Iron (India) Probability of Future Stock Price Finishing Under 202.44
| SUNFLAG Stock | 213.93 8.74 4.26% |
Sunflag |
Sunflag Iron Target Price Odds to finish below 202.44
The tendency of Sunflag 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 drop to 202.44 or more in 90 days |
| 213.93 | 90 days | 202.44 | about 19.63 |
Based on a normal probability distribution, the odds of Sunflag Iron to drop to 202.44 or more in 90 days from now is about 19.63 (This Sunflag Iron And probability density function shows the probability of Sunflag Stock to fall within a particular range of prices over 90 days) . Probability of Sunflag Iron And price to stay between 202.44 and its current price of 213.93 at the end of the 90-day period is about 33.38 .
Assuming the 90 days trading horizon Sunflag Iron has a beta of 0.85. This usually implies Sunflag Iron And market returns are reactive to returns on the market. As the market goes up or down, Sunflag Iron is expected to follow. Additionally Sunflag Iron 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. Sunflag Iron Price Density |
| Price |
Predictive Modules for Sunflag Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunflag Iron And. 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.Sunflag Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunflag Iron is not an exception. The market had few large corrections towards the Sunflag Iron'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 Sunflag Iron And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunflag Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 12.37 | |
Ir | Information ratio | -0.08 |
Sunflag Iron 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 Sunflag Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunflag Iron And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunflag Iron And is unlikely to experience financial distress in the next 2 years | |
| About 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Sunflag Iron and Steel Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Sunflag Iron 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 Sunflag Stock often depends not only on the future outlook of the current and potential Sunflag Iron'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. Sunflag Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 180.2 M | |
| Cash And Short Term Investments | 1.9 B |
Sunflag Iron Technical Analysis
Sunflag Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Sunflag Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunflag Iron And. In general, you should focus on analyzing Sunflag Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunflag Iron Predictive Forecast Models
Sunflag Iron's time-series forecasting models is one of many Sunflag Iron'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 Sunflag Iron'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 Sunflag Iron And
Checking the ongoing alerts about Sunflag Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunflag Iron And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunflag Iron And is unlikely to experience financial distress in the next 2 years | |
| About 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Sunflag Iron and Steel Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Other Information on Investing in Sunflag Stock
Sunflag Iron financial ratios help investors to determine whether Sunflag 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 Sunflag with respect to the benefits of owning Sunflag Iron security.