Saven Technologies (India) Probability of Target Price Finishing Over Current Price

7TEC -- India Stock  

INR 13.00  0.50  4.00%

Saven Technologies probability of target price tool provides mechanism to make assumptions about upside and downside potential of Saven Technologies Limited performance during a given time horizon utilizing its historical volatility. Please specify Saven Technologies time horizon, a valid symbol (red box) and a target price (blue box) you would like Saven Technologies odds to be computed. Check also Saven Technologies Backtesting, Saven Technologies Valuation, Saven Technologies Correlation, Saven Technologies Hype Analysis, Saven Technologies Volatility, Saven Technologies History as well as Saven Technologies Performance.
Horizon     30 Days    Login   to change
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Saven Technologies Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 13.00 30 days 13.00  ABOUT 81.62%
Based on normal probability distribution, the odds of Saven Technologies to move above current price in 30 days from now is about 81.62% (This Saven Technologies Limited probability density function shows the probability of Saven Technologies Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Saven Technologies Limited has beta of -0.8486 . This suggests as returns on benchmark increase, returns on holding Saven Technologies are expected to decrease at a much smaller rate. During bear market, however, Saven Technologies Limited is likely to outperform the market. Additionally Saven Technologies Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Saven Technologies Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.38
β
Beta against DOW=0.85
σ
Overall volatility
=0.68
Ir
Information ratio =0.19

Saven Technologies Alerts

Saven Technologies Alerts and Suggestions

Saven Technologies generates negative expected return over the last 30 days
Saven Technologies has high historical volatility and very poor performance
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