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

ATFL -- India Stock  

INR 633.65  17.85  2.74%

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
 633.65 30 days 633.65  ABOUT 56.01%
Based on normal probability distribution, the odds of Agro Tech to move above current price in 30 days from now is about 56.01% (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 has beta of 0.3888 . This suggests as returns on market go up, Agro Tech average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Agro Tech Foods Limited will be expected to be much smaller as well. Additionally Agro Tech Foods Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Agro Tech Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.07
β
Beta against DOW=0.39
σ
Overall volatility
=17.47
Ir
Information ratio =0.09

Current Sentiment - ATFL

Agro Tech Foods Investor Sentiment

Most of Macroaxis users are presently bullish on Agro Tech Foods Limited. What is your sentiment towards investing in Agro Tech Foods Limited? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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