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Artha Probability of Target Price Finishing Over Current Price

ARA
ARAOPT -- Denmark Stock  

DKK 43,850  3,590  7.57%

Artha Optimum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Artha Optimum performance during a given time horizon utilizing its historical volatility.
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Artha Optimum Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 43,850 30 days 43,850 
about 82.52
Based on normal probability distribution, the odds of Artha Optimum to move above current price in 30 days from now is about 82.52 (This Artha Optimum probability density function shows the probability of Artha Optimum Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Artha Optimum has beta of 0.0693 . This suggests as returns on market go up, Artha Optimum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Artha Optimum 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. Artha Optimum is significantly underperforming DOW.
 Artha Optimum Price Density 
    
  Price 
α
Alpha over DOW
=0.26
β
Beta against DOW=0.07
σ
Overall volatility
=4,124
Ir
Information ratio =0.012883

Artha Optimum Alerts and Suggestions

Artha Optimum is not yet fully synchronised with the market data
Artha Optimum generates negative expected return over the last 30 days
Artha Optimum has high historical volatility and very poor performance
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