Bharat Immunologicals (India) Probability of Target Price

    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.
    Investment Horizon     30 Days    Login   to change
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    Odds Analysis

    Current PriceHorizonTarget PriceAbove OddsBelow Odds
     36.75 30 days 29.87  about 67.66% about 32.23%
    Based on normal probability distribution, the odds of Bharat Immunologicals to stay above  29.87  in 30 days from now is about 67.66%. Probability of Bharat Immunologicals price to stay between  29.87  and its current price of 36.75 at the end of the 30-day period is about 58.08%.
    Assuming 30 trading days horizon, the stock has beta coefficient of 1.6829 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Bharat Immunologicals will likely underperform. Moreover Bharat Immunologicals Biologicals Corp Ltd has an alpha of 1.4155 implying that it can potentially generate 1.4155% excess return over NYSE after adjusting for the inherited market risk (beta).
    Odds to stay above  29.87  in 30 days
     Bharat Immunologicals Price Density 
    Current Price   Target Price   
    Alpha over NYSE
    = 1.42 
    βBeta against NYSE= 1.68 
    Overall volatility
    = 3.90 
     IrInformation ratio = 0.27 

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