MODULEX CONSTRUCTION (India) Today

MODULEX CONSTRUCTION is trading at 17.35 as of the 24th of October 2021; that is -1.7 percent decrease since the beginning of the trading day. The stock's open price was 17.65. Equity ratings for MODULEX CONSTRUCTION TECHNOLOG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of September 2021 and ending today, the 24th of October 2021. Click here to learn more.

MODULEX CONSTRUCTION Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. MODULEX CONSTRUCTION's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MODULEX CONSTRUCTION or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MODULEX CONSTRUCTION is not yet fully synchronised with the market data
MODULEX CONSTRUCTION generated a negative expected return over the last 90 days
MODULEX CONSTRUCTION has high historical volatility and very poor performance
Legal NameMODULEX CONSTRUCTION TECHNOLOG
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MODULEX CONSTRUCTION's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
MODULEX CONSTRUCTION TECHNOLOG (MODULEX) is traded on Bombay Stock Exchange in India .
Check MODULEX CONSTRUCTION Probability Of Bankruptcy

MODULEX Stock Price Odds Analysis

What are MODULEX CONSTRUCTION's target price odds to finish over the current price? Based on a normal probability distribution, the odds of MODULEX CONSTRUCTION jumping above the current price in 90 days from now is about 65.23%. The MODULEX CONSTRUCTION TECHNOLOG probability density function shows the probability of MODULEX CONSTRUCTION stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MODULEX CONSTRUCTION TECHNOLOG has a beta of -0.1081. This indicates as returns on benchmark increase, returns on holding MODULEX CONSTRUCTION are expected to decrease at a much lower rate. During the bear market, however, MODULEX CONSTRUCTION TECHNOLOG is likely to outperform the market. Moreover, the company has an alpha of 1.4409, implying that it can generate a 1.44 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 17.35HorizonTargetOdds Up 17.35 
34.65%90 days
 17.35 
65.23%
Based on a normal probability distribution, the odds of MODULEX CONSTRUCTION to move above the current price in 90 days from now is about 65.23 (This MODULEX CONSTRUCTION TECHNOLOG probability density function shows the probability of MODULEX Stock to fall within a particular range of prices over 90 days) .

MODULEX CONSTRUCTION Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MODULEX CONSTRUCTION market risk premium is the additional return an investor will receive from holding MODULEX CONSTRUCTION long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MODULEX CONSTRUCTION. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MODULEX CONSTRUCTION's alpha and beta are two of the key measurements used to evaluate MODULEX CONSTRUCTION's performance over the market, the standard measures of volatility play an important role as well.

MODULEX Stock Against Markets

Picking the right benchmark for MODULEX CONSTRUCTION stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MODULEX CONSTRUCTION stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MODULEX CONSTRUCTION is critical whether you are bullish or bearish towards MODULEX CONSTRUCTION TECHNOLOG at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MODULEX CONSTRUCTION stock to make a market-neutral strategy. Peer analysis of MODULEX CONSTRUCTION could also be used in its relative valuation, which is a method of valuing MODULEX CONSTRUCTION by comparing valuation metrics with similar companies.
Additionally, see Stocks Correlation. Note that the MODULEX CONSTRUCTION information on this page should be used as a complementary analysis to other MODULEX CONSTRUCTION's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for MODULEX Stock

When running MODULEX CONSTRUCTION price analysis, check to measure MODULEX CONSTRUCTION'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 MODULEX CONSTRUCTION is operating at the current time. Most of MODULEX CONSTRUCTION's value examination focuses on studying past and present price action to predict the probability of MODULEX CONSTRUCTION's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MODULEX CONSTRUCTION's price. Additionally, you may evaluate how the addition of MODULEX CONSTRUCTION to your portfolios can decrease your overall portfolio volatility.
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