Bharat Immunologicals (India) Probability of Target Price Finishing Over 24.15

    Bharat Immunologicals Biologicals Corp Ltd -- India Stock  

    INR 25.05  1.70  6.36%

    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 Trending Equities.
     Time Horizon     30 Days    Login   to change
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    Bharat Immunologicals Target Price Odds to finish over 24.15

    Current PriceHorizonTarget PriceAbove OddsBelow Odds
     25.05 30 days 24.15  about 85.28% about 14.64%
    Based on normal probability distribution, the odds of Bharat Immunologicals to stay above  24.15  in 30 days from now is about 85.28%. Probability of Bharat Immunologicals price to stay between  24.15  and its current price of 25.05 at the end of the 30-day period is about 7.16%.
    Assuming 30 trading days horizon, Bharat Immunologicals Biologicals Corp Ltd has beta of -0.2954 . 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
    Odds to stay above  24.15  in 30 days
     Bharat Immunologicals Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.3
    Overall volatility
    Information ratio =0.36

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