Aditya Birla (India) Probability of Target Price Finishing Over Current Price

ABFRL -- India Stock  

INR 212.35  0.35  0.17%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 212.35 30 days 212.35  ABOUT 14.24%
Based on normal probability distribution, the odds of Aditya Birla to move above current price in 30 days from now is about 14.24% (This Aditya Birla Fashion and Retail Limited probability density function shows the probability of Aditya Birla Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Aditya Birla has beta of 0.0157 . This suggests as returns on market go up, Aditya Birla average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aditya Birla Fashion and Retail Limited will be expected to be much smaller as well. Additionally The company has an alpha of 0.3263 implying that it can potentially generate 0.3263% excess return over DOW after adjusting for the inherited market risk (beta).
 Aditya Birla Price Density 
      Price 
α
Alpha over DOW
=0.33
β
Beta against DOW=0.0157
σ
Overall volatility
=9.10
Ir
Information ratio =0.13

Aditya Birla Alerts

Aditya Birla Alerts and Suggestions

Aditya Birla Fashion has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 19.17B in total debt with debt to equity ratio (D/E) of 165.9 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aditya Birla Fashion has Current Ratio of 0.77 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

Aditya Birla Health Indicators

Float Shares329.93M
Average Daily Volume Last 10 Day1M
Average Daily Volume In Three Month960.44k
Check also Aditya Birla Backtesting, Aditya Birla Valuation, Aditya Birla Correlation, Aditya Birla Hype Analysis, Aditya Birla Volatility, Aditya Birla History as well as Aditya Birla Performance. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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