AVG-SM Probability of Target Price Finishing Over Current Price

AL
AVG-SM -- India Stock  

INR 51.25  0.00  0.00%

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

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AVG LOGISTICS Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 51.25 30 days 51.25 
about 54.89
Based on a normal probability distribution, the odds of AVG LOGISTICS to move above the current price in 30 days from now is about 54.89 (This AVG LOGISTICS LTD probability density function shows the probability of AVG LOGISTICS Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, AVG LOGISTICS has a beta of 0.19. This suggests as returns on the market go up, AVG LOGISTICS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AVG LOGISTICS LTD 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. AVG LOGISTICS LTD is significantly underperforming DOW.
 AVG LOGISTICS Price Density 
      Price 
α
Alpha over DOW
=-0.2
β
Beta against DOW=0.19
σ
Overall volatility
=20.69
Ir
Information ratio =-0.02

AVG LOGISTICS Alerts and Suggestions

AVG LOGISTICS LTD is not yet fully synchronised with the market data
AVG LOGISTICS LTD appears to be very risky and stock price may revert if volatility continues
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