Bharat Immunologicals (India) Probability of Target Price Finishing Above 25.75

BIBCL -- India Stock  

INR 17.00  0.70  3.95%

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 25.75

Current PriceHorizonTarget PriceOdds to stay under  25.75  after 30 days
 17.00 30 days 25.75  CLOSE TO 99%
Based on normal probability distribution, the odds of Bharat Immunologicals to stay under  25.75  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  17.00  and  25.75  at the end of the 30-day period is about 74.46%.
Assuming 30 trading days horizon, Bharat Immunologicals has beta of 0.2643 . 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 0.2551 implying that it can potentially generate 0.2551% excess return over DOW after adjusting for the inherited market risk (beta).
 Bharat Immunologicals Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.26
β
Beta against DOW=0.26
σ
Overall volatility
=0.72
Ir
Information ratio =0.049992

Bharat Immunologicals Alerts

Bharat Immunologicals Alerts and Suggestions

Bharat Immunologicals generates negative expected return over the last 30 days
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 www.thehindubusinessline.com: Bharat Immunologicals Biologicals Corporation Ltd. - Fixes Book Closure for AGM
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