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

BIBCL -- India Stock  

INR 11.63  0.37  3.08%

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 over 25.75

Current PriceHorizonTarget PriceOdds to move over  25.75  or more in 30 days
 11.63 30 days 25.75  CLOSE TO ZERO PERCENT
Based on normal probability distribution, the odds of Bharat Immunologicals to move over  25.75  or more in 30 days from now is close to zero percent (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  11.63  and  25.75  at the end of the 30-day period is about 99.0%.
Assuming 30 trading days horizon, Bharat Immunologicals has beta of 0.4544 . 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 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 
      Price 
α
Alpha over DOW
=0.5
β
Beta against DOW=0.45
σ
Overall volatility
=0.71
Ir
Information ratio =0.11

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
Bharat Immunologicals has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 309.06M. Net Loss for the year was (36.45M) with profit before overhead, payroll, taxes, and interest of 75.53M.

Price Density Drivers

Bharat Immunologicals Health Indicators

Float Shares17.61M
Average Daily Volume Last 10 Day15.87k
Average Daily Volume In Three Month34.72k
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