What is Price Forecast?
Price Forecast, as the name suggests is a marker on the value of the stock price. Price Forecasting helps the investor in constant reviewing of the price based on its historic performance. Price Forecast is a critical component that can influence any future investment decisions.
The graphical representation on our platform is an effective way to analyse the movement of a Stock value. If the Forecast is marked by Green, it suggests that the return expectations are set to be higher than the current price. To understand more about forecasts - What are Forecasts?
If the Forecast is marked with Red, It refers that the returns anticipated on the script are low.
These values are calculated roughly by multiplying and summing the potential returns by their probabilities. For users with pro membership access, there is an option to download the forecasts for the upcoming financial year.