ALMONDZ Probability of Target Price Finishing Over Current Price

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ALMONDZ -- India Stock  

INR 11.60  0.25  2.20%

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

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ALMONDZ GLOBAL Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 11.60 30 days 11.60 
about 64.16
Based on a normal probability distribution, the odds of ALMONDZ GLOBAL to move above the current price in 30 days from now is about 64.16 (This ALMONDZ GLOBAL SEC probability density function shows the probability of ALMONDZ GLOBAL Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, ALMONDZ GLOBAL SEC has a beta of -0.0943. This suggests as returns on benchmark increase, returns on holding ALMONDZ GLOBAL are expected to decrease at a much lower rate. During the bear market, however, ALMONDZ GLOBAL SEC is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this equity is not justified. ALMONDZ GLOBAL SEC is significantly underperforming DOW.
 ALMONDZ GLOBAL Price Density 
      Price 
α
Alpha over DOW
=-0.46
β
Beta against DOW=-0.09
σ
Overall volatility
=2.26
Ir
Information ratio =-0.18

ALMONDZ GLOBAL Alerts and Suggestions

ALMONDZ GLOBAL SEC generates negative expected return over the last 30 days
ALMONDZ GLOBAL SEC has high historical volatility and very poor performance
ALMONDZ GLOBAL SEC has high likelihood to experience some financial distress in the next 2 years
About 68.0% of the company shares are held by company insiders

ALMONDZ GLOBALPrice Density Drivers

Float Shares4.37M
Average Daily Volume Last 10 Day6.22k
Average Daily Volume In Three Month2.09k
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