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

A2ZINFRA -- India Stock  

INR 14.10  0.15  1.05%

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
 14.10 30 days 14.10  ABOUT 54.54%
Based on normal probability distribution, the odds of A2Z Infra to move above current price in 30 days from now is about 54.54% (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 has beta of 0.4208 . This suggests as returns on market go up, A2Z Infra average returns are expected to increase less than the benchmark. However during bear market, the loss on holding A2Z Infra Engineering Limited will be expected to be much smaller as well. Additionally A2Z Infra Engineering Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 A2Z Infra Price Density 
      Price 
α
Alpha over DOW
=0.47
β
Beta against DOW=0.42
σ
Overall volatility
=3.96
Ir
Information ratio =0.05

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 Limited reported revenue of 7.09 B. Net Loss for the year was (1.11 B) with profit before overhead, payroll, taxes, and interest of 501.9 M.

Price Density Drivers

A2Z Infra Health Indicators

Float Shares92M
Average Daily Volume Last 10 Day314.32k
Average Daily Volume In Three Month581.88k
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