Eros International Probability of Target Price Finishing Above 14.3

EROS -- USA Stock  

USD 13.70  0.15  1.08%

Eros International probability of target price tool provides mechanism to make assumptions about upside and downside potential of Eros International Plc performance during a given time horizon utilizing its historical volatility. Please specify Eros International time horizon, a valid symbol (red box) and a target price (blue box) you would like Eros International odds to be computed. Additionally see Eros International Backtesting, Eros International Valuation, Eros International Correlation, Eros International Hype Analysis, Eros International Volatility, Eros International History as well as Eros International Performance.
 Time Horizon     30 Days    Login   to change
Refresh Odds

Eros International Target Price Odds to finish below 14.3

Current PriceHorizonTarget PriceOdds to stay under $ 14.30  after 30 days
 13.70 30 days 14.30  ABOUT 97.0%
Based on normal probability distribution, the odds of Eros International to stay under $ 14.30  after 30 days from now is about 97.0% (This Eros International Plc probability density function shows the probability of Eros International Stock to fall within a particular range of prices over 30 days) . Probability of Eros International Plc price to stay between its current price of $ 13.70  and $ 14.30  at the end of the 30-day period is about 30.69%.
Given the investment horizon of 30 days, Eros International has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Eros International are completely uncorrelated. Additionally Eros International PlcIt does not look like Eros International alpha can have any bearing on the equity current valuation.
 Eros International Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.41
Ir
Information ratio =0.09

Eros International Alerts

Eros International Alerts and Suggestions
Eros International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 242 M. Net Loss for the year was (5.64 M) with profit before overhead, payroll, taxes, and interest of 88.75 M.
About 68.0% of the company shares are held by institutions such as insurance companies
Latest headline from augustaherald.com: Earnings Yield in Focus For Eros International Plc , USA Technologies, Inc.

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally see Eros International Backtesting, Eros International Valuation, Eros International Correlation, Eros International Hype Analysis, Eros International Volatility, Eros International History as well as Eros International Performance. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.