DHANLAXMI Probability of Target Price Finishing Over Current Price

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532180 -- India Stock  

INR 13.84  0.25  1.77%

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

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Please specify DHANLAXMI BANK time horizon, a valid symbol (red box) and a target price (blue box) you would like DHANLAXMI BANK odds to be computed. Please continue to Trending Equities.
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DHANLAXMI BANK Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 13.84 30 days 13.84 
near 1
Based on a normal probability distribution, the odds of DHANLAXMI BANK to move above the current price in 30 days from now is near 1 (This DHANLAXMI BANK LIMITED probability density function shows the probability of DHANLAXMI BANK Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, DHANLAXMI BANK has a beta of 0.0171. This suggests as returns on the market go up, DHANLAXMI BANK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DHANLAXMI BANK LIMITED will be expected to be much smaller as well. In addition to that The company has an alpha of 4.6191, implying that it can generate a 4.62 percent excess return over DOW after adjusting for the inherited market risk (beta).
 DHANLAXMI BANK Price Density 
Alpha over DOW
Beta against DOW=0.0171
Overall volatility
Information ratio =0.57

DHANLAXMI BANK Alerts and Suggestions

DHANLAXMI BANK is not yet fully synchronised with the market data
DHANLAXMI BANK appears to be very risky and stock price may revert if volatility continues

DHANLAXMI BANKPrice Density Drivers

Float Shares142.28M
Average Daily Volume Last 10 Day57.66k
Average Daily Volume In Three Month57.66k
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