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

ATFL -- India Stock  

INR 527.10  21.05  4.16%

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 Trending Equities.
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
 527.10 30 days 527.10  ABOUT 99.0%
Based on normal probability distribution, the odds of Agro Tech to move above current price in 30 days from now is about 99.0% (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 -0.247 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Agro Tech Foods is significantly underperforming DOW.
 Agro Tech Price Density 
      Price 
α
Alpha over DOW
=0.23
β
Beta against DOW=0.25
σ
Overall volatility
=19.76
Ir
Information ratio =0.16

Agro Tech Alerts and Suggestions

Agro Tech Foods is not yet fully synchronised with the market data
Agro Tech Foods generates negative expected return over the last 30 days

Agro TechPrice Density Drivers

Trailing Annual Dividend Rate2.50
Float Shares5.82M
Average Daily Volume Last 10 Day15.24k
Average Daily Volume In Three Month8.37k
Trailing Annual Dividend Yield0.47%
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