ADVENT Probability of Target Price Finishing Over Current Price

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ADVENT -- India Stock  

INR 1.31  0.00  0.00%

ADVENT COMPUTER probability of target price tool provides mechanism to make assumptions about upside and downside potential of ADVENT COMPUTER SERVICES performance during a given time horizon utilizing its historical volatility.

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Please specify ADVENT COMPUTER time horizon, a valid symbol (red box) and a target price (blue box) you would like ADVENT COMPUTER odds to be computed. Please continue to ADVENT COMPUTER Backtesting, ADVENT COMPUTER Valuation, ADVENT COMPUTER Correlation, ADVENT COMPUTER Hype Analysis, ADVENT COMPUTER Volatility, ADVENT COMPUTER History as well as ADVENT COMPUTER Performance.
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ADVENT COMPUTER Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.31 30 days 1.31 
about 78.69
Based on normal probability distribution, the odds of ADVENT COMPUTER to move above current price in 30 days from now is about 78.69 (This ADVENT COMPUTER SERVICES probability density function shows the probability of ADVENT COMPUTER Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, ADVENT COMPUTER has beta of 0.0394 . This suggests as returns on market go up, ADVENT COMPUTER average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ADVENT COMPUTER SERVICES will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. ADVENT COMPUTER SERV is significantly underperforming DOW.
 ADVENT COMPUTER Price Density 
      Price 
α
Alpha over DOW
=-0.41
β
Beta against DOW=0.0394
σ
Overall volatility
=0.16
Ir
Information ratio =-0.27

ADVENT COMPUTER Alerts and Suggestions

ADVENT COMPUTER SERV generates negative expected return over the last 30 days
ADVENT COMPUTER SERV may become a speculative penny stock
Net Loss for the year was (2.96 M) with profit before overhead, payroll, taxes, and interest of 302.41 K.

ADVENT COMPUTERPrice Density Drivers

Float Shares5.04M
Average Daily Volume In Three Month32
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