532351 Probability of Target Price Finishing Over Current Price

AO
532351 -- India Stock  

INR 6.73  0.41  6.49%

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

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AKSH OPTIFIBRE Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 6.73 30 days 6.73 
about 31.84
Based on a normal probability distribution, the odds of AKSH OPTIFIBRE to move above the current price in 30 days from now is about 31.84 (This AKSH OPTIFIBRE LTD probability density function shows the probability of AKSH OPTIFIBRE Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, the stock has the beta coefficient of 1.03 . This suggests AKSH OPTIFIBRE LTD market returns are sensitive to returns on the market. As the market goes up or down, AKSH OPTIFIBRE is expected to follow. In addition to that The company has an alpha of 2.912, implying that it can potentially generate 2.91% excess return over DOW after adjusting for the inherited market risk (beta).
 AKSH OPTIFIBRE Price Density 
      Price 
α
Alpha over DOW
=2.91
β
Beta against DOW=1.03
σ
Overall volatility
=1.44
Ir
Information ratio =0.08

AKSH OPTIFIBRE Alerts and Suggestions

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

AKSH OPTIFIBREPrice Density Drivers

Average Daily Volume Last 10 Day265.73k
Average Daily Volume In Three Month265.73k
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