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

    7TEC -- India Stock  

    INR 14.59  0.81  5.88%

    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 Trending Equities.
    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
     14.59 30 days 14.59  ABOUT 1.27%
    Based on normal probability distribution, the odds of Saven Technologies to move above current price in 30 days from now is about 1.27% (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 -0.636 . 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. Moreover Saven Technologies Limited has an alpha of 1.9597 implying that it can potentially generate 1.9597% excess return over DOW after adjusting for the inherited market risk (beta).
     Saven Technologies Price Density 
    Alpha over DOW
    Beta against DOW=0.64
    Overall volatility
    Information ratio =0.45

    Saven Technologies Alerts

    Saven Technologies Alerts and Suggestions

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

    Price Density Drivers

    Saven Technologies Health Indicators

    Float Shares3.23M
    Average Daily Volume Last 10 Day1.97k
    Average Daily Volume In Three Month4.7k
    Check also Trending Equities. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.