|Current Price||Horizon||Target Price||Odds to move over 21.05 or more in 30 days|
| 16.15 ||30 days|| 21.05 || NEAR 1%|
Based on normal probability distribution, the odds of Bharat Immunologicals to move over 21.05 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 21.05 at the end of the 30-day period is about 30.6%.
Assuming 30 trading days horizon, Bharat Immunologicals has beta of 0.4568 . 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 0.5947 implying that it can potentially generate 0.5947% excess return over DOW after adjusting for the inherited market risk (beta).
Bharat Immunologicals Price Density
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