Bharat Immunologicals (India) Probability of Target Price Finishing Above 21.05

BIBCL -- India Stock  

INR 13.84  0.41  3.05%

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 21.05

Current PriceHorizonTarget PriceOdds to stay under  21.05  after 30 days
 13.84 30 days 21.05  CLOSE TO 99%
Based on normal probability distribution, the odds of Bharat Immunologicals to stay under  21.05  after 30 days from now is close to 99% (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  13.84  and  21.05  at the end of the 30-day period is about 68.51%.
Assuming 30 trading days horizon, the stock has beta coefficient of 1.0305 . This suggests Bharat Immunologicals Biologicals Corp Ltd market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Bharat Immunologicals is expected to follow. 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
=0.88
β
Beta against DOW=1.03
σ
Overall volatility
=1.69
Ir
Information ratio =0.2

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 347.99 M. Net Loss for the year was (51.73 M) with profit before overhead, payroll, taxes, and interest of 48.93 M.
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