Agro Tech (India) Probability of Target Price Finishing Over Current Price

ATFL -- India Stock  

INR 642.20  6.95  1.07%

Agro Tech probability of target price tool provides mechanism to make assumptions about upside and downside potential of Agro Tech Foods Limited performance during a given time horizon utilizing its historical volatility. Please specify Agro Tech time horizon, a valid symbol (red box) and a target price (blue box) you would like Agro Tech odds to be computed. Check also Agro Tech Backtesting, Agro Tech Valuation, Agro Tech Correlation, Agro Tech Hype Analysis, Agro Tech Volatility, Agro Tech History as well as Agro Tech Performance.
Horizon     30 Days    Login   to change
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Agro Tech Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 642.20 30 days 642.20  ABOUT 39.83%
Based on normal probability distribution, the odds of Agro Tech to move above current price in 30 days from now is about 39.83% (This Agro Tech Foods Limited probability density function shows the probability of Agro Tech Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Agro Tech Foods Limited has beta of -0.2885 . This suggests as returns on benchmark increase, returns on holding Agro Tech are expected to decrease at a much smaller rate. During bear market, however, Agro Tech Foods Limited is likely to outperform the market. Additionally Agro Tech Foods Limited has an alpha of 0.0806 implying that it can potentially generate 0.0806% excess return over DOW after adjusting for the inherited market risk (beta).
 Agro Tech Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.08
β
Beta against DOW=0.29
σ
Overall volatility
=16.69
Ir
Information ratio =0.02

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Check also Agro Tech Backtesting, Agro Tech Valuation, Agro Tech Correlation, Agro Tech Hype Analysis, Agro Tech Volatility, Agro Tech History as well as Agro Tech Performance. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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