|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 120.50 ||30 days|| 120.50 || ABOUT 67.77%|
Based on normal probability distribution, the odds of Allium Medical to move above current price in 30 days from now is about 67.77% (This Allium Medical Solutions Ltd probability density function shows the probability of Allium Medical Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Allium Medical Solutions Ltd has beta of -0.1438 . This suggests as returns on benchmark increase, returns on holding Allium Medical are expected to decrease at a much smaller rate. During bear market, however, Allium Medical Solutions Ltd is likely to outperform the market. Additionally Allium Medical Solutions Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allium Medical Price Density
| || |
|Current Price || ||Target Price || |