Aakash Exploration (India) Probability of Future Stock Price Finishing Over 10.04
| AAKASH Stock | 10.04 0.13 1.28% |
Aakash |
Aakash Exploration Target Price Odds to finish over 10.04
The tendency of Aakash 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 above the current price in 90 days |
| 10.04 | 90 days | 10.04 | about 28.46 |
Based on a normal probability distribution, the odds of Aakash Exploration to move above the current price in 90 days from now is about 28.46 (This Aakash Exploration Services probability density function shows the probability of Aakash Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Aakash Exploration Services has a beta of -0.24. This suggests as returns on the benchmark increase, returns on holding Aakash Exploration are expected to decrease at a much lower rate. During a bear market, however, Aakash Exploration Services is likely to outperform the market. Additionally Aakash Exploration Services has an alpha of 0.3151, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aakash Exploration Price Density |
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Predictive Modules for Aakash Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aakash Exploration. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aakash Exploration's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aakash Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aakash Exploration is not an exception. The market had few large corrections towards the Aakash Exploration'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 Aakash Exploration Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aakash Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | 0.04 |
Aakash Exploration 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 Aakash Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aakash Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aakash Exploration had very high historical volatility over the last 90 days | |
| Aakash Exploration is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Aakash Exploration Services Faces Trading Challenges Amid Decreased Investor Participation - MarketsMojo |
Aakash Exploration 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 Aakash Stock often depends not only on the future outlook of the current and potential Aakash Exploration'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. Aakash Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.2 M | |
| Cash And Short Term Investments | 33.2 M |
Aakash Exploration Technical Analysis
Aakash Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Aakash Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aakash Exploration Services. In general, you should focus on analyzing Aakash Stock price patterns and their correlations with different microeconomic environments and drivers.
Aakash Exploration Predictive Forecast Models
Aakash Exploration's time-series forecasting models is one of many Aakash Exploration'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 Aakash Exploration'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 Aakash Exploration
Checking the ongoing alerts about Aakash Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aakash Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aakash Exploration had very high historical volatility over the last 90 days | |
| Aakash Exploration is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Aakash Exploration Services Faces Trading Challenges Amid Decreased Investor Participation - MarketsMojo |
Other Information on Investing in Aakash Stock
Aakash Exploration financial ratios help investors to determine whether Aakash 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 Aakash with respect to the benefits of owning Aakash Exploration security.