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

A2ZINFRA -- India Stock  

INR 17.30  1.30  6.99%

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 A2Z Infra Backtesting, A2Z Infra Valuation, A2Z Infra Correlation, A2Z Infra Hype Analysis, A2Z Infra Volatility, A2Z Infra History as well as A2Z Infra Performance.
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
 17.30 30 days 17.30  ABOUT 98.0%
Based on normal probability distribution, the odds of A2Z Infra to move above current price in 30 days from now is about 98.0% (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 -1.7805 . This suggests as returns on its benchmark rise, returns on holding A2Z Infra Engineering Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, A2Z Infra is expected to outperform its benchmark. 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.75
β
Beta against DOW=1.78
σ
Overall volatility
=1.24
Ir
Information ratio =0.53

A2Z Infra Alerts

A2Z Infra Alerts and Suggestions

A2Z Infra generates negative expected return over the last 30 days
A2Z Infra has high likelihood to experience some financial distress in the next 2 years
The company has Current Ratio of 0.92 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 9.96 B. Net Loss for the year was (2.66 B) with profit before overhead, payroll, taxes, and interest of 1.24 B.
Latest headline from equitybulls.com: ILFS Engineering and Construction Company Ltd updates on credit rating
Check also A2Z Infra Backtesting, A2Z Infra Valuation, A2Z Infra Correlation, A2Z Infra Hype Analysis, A2Z Infra Volatility, A2Z Infra History as well as A2Z Infra Performance. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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