Bharat Immunologicals (India) Probability of Target Price Finishing Over 20.9

BIBCL -- India Stock  

INR 16.15  0.35  2.22%

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.
 Time Horizon     30 Days    Login   to change
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Bharat Immunologicals Target Price Odds to finish over 20.9

Current PriceHorizonTarget PriceOdds to move over  20.90  or more in 30 days
 16.15 30 days 20.90  NEAR 1%
Based on normal probability distribution, the odds of Bharat Immunologicals to move over  20.90  or more in 30 days from now is near 1% (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 its current price of  16.15  and  20.90  at the end of the 30-day period is about 30.88%.
Assuming 30 trading days horizon, Bharat Immunologicals Biologicals Corp Ltd has beta of -0.3266 . This suggests as returns on benchmark increase, returns on holding Bharat Immunologicals are expected to decrease at a much smaller rate. During bear market, however, Bharat Immunologicals Biologicals Corp Ltd is likely to outperform the market. Additionally Bharat Immunologicals Biologicals Corp Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Bharat Immunologicals Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.08
β
Beta against DOW=0.33
σ
Overall volatility
=0.52
Ir
Information ratio =0.08

Bharat Immunologicals Alerts

Bharat Immunologicals Alerts and Suggestions
The company reported revenue of 347.99 M. Net Loss for the year was (51.73 M) with profit before overhead, payroll, taxes, and interest of 48.93 M.
Latest headline from in.reuters.com: ICRA ratings for Indian debt instruments-Jul 27
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. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.