ZF Commercial (India) Probability of Future Stock Price Finishing Over 11377.98
| ZFCVINDIA | 11,764 242.70 2.02% |
ZFCVINDIA |
ZF Commercial Target Price Odds to finish over 11377.98
The tendency of ZFCVINDIA 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 11,378 in 90 days |
| 11,764 | 90 days | 11,378 | close to 99 |
Based on a normal probability distribution, the odds of ZF Commercial to stay above 11,378 in 90 days from now is close to 99 (This ZF Commercial Vehicle probability density function shows the probability of ZFCVINDIA Stock to fall within a particular range of prices over 90 days) . Probability of ZF Commercial Vehicle price to stay between 11,378 and its current price of 11763.65 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon ZF Commercial Vehicle has a beta of -0.13. This usually means as returns on the benchmark increase, returns on holding ZF Commercial are expected to decrease at a much lower rate. During a bear market, however, ZF Commercial Vehicle is likely to outperform the market. Additionally ZF Commercial Vehicle 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. ZF Commercial Price Density |
| Price |
Predictive Modules for ZF Commercial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZF Commercial Vehicle. 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.ZF Commercial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZF Commercial is not an exception. The market had few large corrections towards the ZF Commercial'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 ZF Commercial Vehicle, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZF Commercial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1,397 | |
Ir | Information ratio | -0.24 |
ZF Commercial 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 ZF Commercial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZF Commercial Vehicle can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZF Commercial generated a negative expected return over the last 90 days | |
| About 63.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WABCO Asia Divests Stake Worth Rs 1,022 Crore In ZF Group Company - NDTV Profit |
ZF Commercial 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 ZFCVINDIA Stock often depends not only on the future outlook of the current and potential ZF Commercial'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. ZF Commercial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19 M | |
| Cash And Short Term Investments | 13.2 B |
ZF Commercial Technical Analysis
ZF Commercial's future price can be derived by breaking down and analyzing its technical indicators over time. ZFCVINDIA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZF Commercial Vehicle. In general, you should focus on analyzing ZFCVINDIA Stock price patterns and their correlations with different microeconomic environments and drivers.
ZF Commercial Predictive Forecast Models
ZF Commercial's time-series forecasting models is one of many ZF Commercial'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 ZF Commercial'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 ZF Commercial Vehicle
Checking the ongoing alerts about ZF Commercial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZF Commercial Vehicle help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZF Commercial generated a negative expected return over the last 90 days | |
| About 63.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WABCO Asia Divests Stake Worth Rs 1,022 Crore In ZF Group Company - NDTV Profit |
Other Information on Investing in ZFCVINDIA Stock
ZF Commercial financial ratios help investors to determine whether ZFCVINDIA 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 ZFCVINDIA with respect to the benefits of owning ZF Commercial security.