Zota Health (India) Probability of Future Stock Price Finishing Under 374.44
| ZOTA Stock | 813.60 22.60 2.70% |
Zota |
Zota Health Target Price Odds to finish below 374.44
The tendency of Zota 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 374.44 or more in 90 days |
| 813.60 | 90 days | 374.44 | near 1 |
Based on a normal probability distribution, the odds of Zota Health to drop to 374.44 or more in 90 days from now is near 1 (This Zota Health Care probability density function shows the probability of Zota Stock to fall within a particular range of prices over 90 days) . Probability of Zota Health Care price to stay between 374.44 and its current price of 813.6 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Zota Health has a beta of 0.36. This usually means as returns on the market go up, Zota Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zota Health Care will be expected to be much smaller as well. Additionally Zota Health Care has an alpha of 0.3734, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zota Health Price Density |
| Price |
Predictive Modules for Zota Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zota Health Care. 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.Zota Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zota Health is not an exception. The market had few large corrections towards the Zota Health'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 Zota Health Care, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zota Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 73.41 | |
Ir | Information ratio | 0.14 |
Zota Health 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 Zota Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zota Health Care can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 1.8 B. Net Loss for the year was (143.48 M) with profit before overhead, payroll, taxes, and interest of 572.41 M. | |
| Zota Health Care has accumulated about 10.23 M in cash with (50.82 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Stock Market Rally Highlights Sensex up for 5th day, adds 810 pts Nifty reclaims 24,700 - Business Standard |
Zota Health 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 Zota Stock often depends not only on the future outlook of the current and potential Zota Health'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. Zota Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.8 M | |
| Cash And Short Term Investments | 10 M |
Zota Health Technical Analysis
Zota Health's future price can be derived by breaking down and analyzing its technical indicators over time. Zota Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zota Health Care. In general, you should focus on analyzing Zota Stock price patterns and their correlations with different microeconomic environments and drivers.
Zota Health Predictive Forecast Models
Zota Health's time-series forecasting models is one of many Zota Health'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 Zota Health'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 Zota Health Care
Checking the ongoing alerts about Zota Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zota Health Care help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 1.8 B. Net Loss for the year was (143.48 M) with profit before overhead, payroll, taxes, and interest of 572.41 M. | |
| Zota Health Care has accumulated about 10.23 M in cash with (50.82 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Stock Market Rally Highlights Sensex up for 5th day, adds 810 pts Nifty reclaims 24,700 - Business Standard |
Additional Tools for Zota Stock Analysis
When running Zota Health's price analysis, check to measure Zota Health'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 Zota Health is operating at the current time. Most of Zota Health's value examination focuses on studying past and present price action to predict the probability of Zota Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zota Health's price. Additionally, you may evaluate how the addition of Zota Health to your portfolios can decrease your overall portfolio volatility.