Tourism Finance (India) Probability of Future Stock Price Finishing Under 280.67
| TFCILTD Stock | 283.05 0.46 0.16% |
Tourism |
Tourism Finance Target Price Odds to finish below 280.67
The tendency of Tourism 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 280.67 or more in 90 days |
| 283.05 | 90 days | 280.67 | over 95.3 |
Based on a normal probability distribution, the odds of Tourism Finance to drop to 280.67 or more in 90 days from now is over 95.3 (This Tourism Finance probability density function shows the probability of Tourism Stock to fall within a particular range of prices over 90 days) . Probability of Tourism Finance price to stay between 280.67 and its current price of 283.05 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tourism Finance has a beta of -0.36. This usually implies as returns on the benchmark increase, returns on holding Tourism Finance are expected to decrease at a much lower rate. During a bear market, however, Tourism Finance is likely to outperform the market. Additionally Tourism Finance has an alpha of 0.6979, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tourism Finance Price Density |
| Price |
Predictive Modules for Tourism 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 Tourism 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.Tourism Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tourism Finance is not an exception. The market had few large corrections towards the Tourism 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 Tourism Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tourism Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 30.57 | |
Ir | Information ratio | 0.19 |
Tourism 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 Tourism Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tourism 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.| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tourism Finance Corporation of India Limited to Launch New Product Line - Rapid-fire capital growth - Autocar Professional |
Tourism 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 Tourism Stock often depends not only on the future outlook of the current and potential Tourism 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. Tourism Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 92.6 M | |
| Dividends Paid | 231.5 M | |
| Forward Annual Dividend Rate | 2.5 | |
| Shares Float | 57.2 M |
Tourism Finance Technical Analysis
Tourism Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Tourism Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tourism Finance. In general, you should focus on analyzing Tourism Stock price patterns and their correlations with different microeconomic environments and drivers.
Tourism Finance Predictive Forecast Models
Tourism Finance's time-series forecasting models is one of many Tourism 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 Tourism 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 Tourism Finance
Checking the ongoing alerts about Tourism Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tourism Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tourism Finance Corporation of India Limited to Launch New Product Line - Rapid-fire capital growth - Autocar Professional |
Other Information on Investing in Tourism Stock
Tourism Finance financial ratios help investors to determine whether Tourism 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 Tourism with respect to the benefits of owning Tourism Finance security.