Bharat Immunologicals (India) Probability of Target Price Finishing Above 13.05

BIBCL -- India Stock  

INR 13.10  0.25  1.87%

Bharat Immunologicals probability of target price tool provides mechanism to make assumptions about upside and downside potential of Bharat Immunologicals Biologicals Corp Ltd performance during a given time horizon utilizing its historical volatility. Please specify Bharat Immunologicals time horizon, a valid symbol (red box) and a target price (blue box) you would like Bharat Immunologicals odds to be computed. Check also Bharat Immunologicals Backtesting, Bharat Immunologicals Valuation, Bharat Immunologicals Correlation, Bharat Immunologicals Hype Analysis, Bharat Immunologicals Volatility, Bharat Immunologicals History as well as Bharat Immunologicals Performance.
Horizon     30 Days    Login   to change
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Bharat Immunologicals Target Price Odds to finish below 13.05

Current PriceHorizonTarget PriceOdds to drop to  13.05  or more in 30 days
 13.10 30 days 13.05  ABOUT 24.95%
Based on normal probability distribution, the odds of Bharat Immunologicals to drop to  13.05  or more in 30 days from now is about 24.95% (This Bharat Immunologicals Biologicals Corp Ltd probability density function shows the probability of Bharat Immunologicals Stock to fall within a particular range of prices over 30 days) . Probability of Bharat Immunologicals price to stay between  13.05  and its current price of 13.1 at the end of the 30-day period is under 4%.
Assuming 30 trading days horizon, Bharat Immunologicals has beta of 0.4652 . This suggests as returns on market go up, Bharat Immunologicals average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Bharat Immunologicals Biologicals Corp Ltd will be expected to be much smaller as well. Additionally Bharat Immunologicals Biologicals Corp Ltd has an alpha of 0.2356 implying that it can potentially generate 0.2356% excess return over DOW after adjusting for the inherited market risk (beta).
 Bharat Immunologicals Price Density 
      Price 
α
Alpha over DOW
=0.24
β
Beta against DOW=0.47
σ
Overall volatility
=0.47
Ir
Information ratio =0.06

Bharat Immunologicals Alerts

Bharat Immunologicals Alerts and Suggestions

Bharat Immunologicals generates negative expected return over the last 30 days
Bharat Immunologicals has high historical volatility and very poor performance
The company reported revenue of 315.39 M. Net Loss for the year was (46.72 M) with profit before overhead, payroll, taxes, and interest of 75.53 M.
Latest headline from www.digitaljournal.com: Worldwide Pediatric Vaccines Market Presumed To Register 10.6 percent CAGR by 2023 Market Research Future

Price Density Drivers

Bharat Immunologicals Health Indicators

Float Shares17.72M
Average Daily Volume Last 10 Day15.87k
Average Daily Volume In Three Month34.72k
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