A2Z Infra (India) Probability of Target Price Finishing Over Current Price

A2ZINFRA -- India Stock  

INR 10.65  0.95  9.79%

A2Z Infra probability of target price tool provides mechanism to make assumptions about upside and downside potential of A2Z Infra Engineering Limited performance during a given time horizon utilizing its historical volatility. Please specify A2Z Infra time horizon, a valid symbol (red box) and a target price (blue box) you would like A2Z Infra odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
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A2Z Infra Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 10.65 30 days 10.65  ABOUT 91.39%
Based on normal probability distribution, the odds of A2Z Infra to move above current price in 30 days from now is about 91.39% (This A2Z Infra Engineering Limited probability density function shows the probability of A2Z Infra Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, A2Z Infra Engineering Limited has beta of -0.0062 . This suggests as returns on benchmark increase, returns on holding A2Z Infra are expected to decrease at a much smaller rate. During bear market, however, A2Z Infra Engineering Limited is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. A2Z Infra Engineering is significantly underperforming DOW.
 A2Z Infra Price Density 
      Price 
α
Alpha over DOW
=0.54
β
Beta against DOW=0.0062
σ
Overall volatility
=1.20
Ir
Information ratio =0.17

A2Z Infra Alerts

A2Z Infra Alerts and Suggestions

A2Z Infra is not yet fully synchronised with the market data
A2Z Infra generates negative expected return over the last 30 days
A2Z Infra has high historical volatility and very poor performance
A2Z Infra has high likelihood to experience some financial distress in the next 2 years
The company has Current Ratio of 0.93 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
A2Z Infra Engineering reported revenue of 7.09B. Net Loss for the year was (1.11B) with profit before overhead, payroll, taxes, and interest of 501.9M.
Latest headline from www.equitybulls.com: Lovable Lingerie Ltd board to consider quarterly results on Feb 12, 2019 - Equity Bulls

Price Density Drivers

A2Z Infra Health Indicators

Float Shares94.46M
Average Daily Volume Last 10 Day202.53k
Average Daily Volume In Three Month202.58k
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