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

ABFRL -- India Stock  

INR 182.90  5.30  2.82%

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
 182.90 30 days 182.90  OVER 95.16%
Based on normal probability distribution, the odds of Aditya Birla to move above current price in 30 days from now is over 95.16% (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 Fashion and Retail Limited has beta of -1.0521 . This suggests Additionally Aditya Birla Fashion and Retail Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Aditya Birla Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.05
β
Beta against DOW=1.05
σ
Overall volatility
=6.96
Ir
Information ratio =0.14

Aditya Birla Alerts

Aditya Birla Alerts and Suggestions

Aditya Birla Fashion generates negative expected return over the last 30 days
Aditya Birla Fashion has high historical volatility and very poor performance
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 18.61 B in total debt with debt to equity ratio (D/E) of 170.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aditya Birla Fashion and Retail Limited has Current Ratio of 0.76 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Latest headline from www.outlookindia.com: Aditya Birla Fashion Retail Ltd. Stock Share Price Update With Analysis - August 29, 2018
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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