OMKAR Probability of Target Price Finishing Over Current Price

OO
531496 -- India Stock  

INR 0.84  0.00  0.00%

OMKAR OVERSEAS probability of target price tool provides mechanism to make assumptions about upside and downside potential of OMKAR OVERSEAS LTD performance during a given time horizon utilizing its historical volatility.

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OMKAR OVERSEAS Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 0.84 30 days 0.84 
about 49.12
Based on normal probability distribution, the odds of OMKAR OVERSEAS to move above current price in 30 days from now is about 49.12 (This OMKAR OVERSEAS LTD probability density function shows the probability of OMKAR OVERSEAS Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, OMKAR OVERSEAS has beta of 0.0808 . This suggests as returns on market go up, OMKAR OVERSEAS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding OMKAR OVERSEAS LTD will be expected to be much smaller as well. In addition to that The company has an alpha of 2.8005 implying that it can potentially generate 2.8005% excess return over DOW after adjusting for the inherited market risk (beta).
 OMKAR OVERSEAS Price Density 
      Price 
α
Alpha over DOW
=2.80
β
Beta against DOW=0.08
σ
Overall volatility
=0.10
Ir
Information ratio =0.13

OMKAR OVERSEAS Alerts and Suggestions

OMKAR OVERSEAS LTD is not yet fully synchronised with the market data
OMKAR OVERSEAS LTD has some characteristics of a very speculative penny stock
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