BEML (India) Probability of Target Price Finishing Over Current Price

BEML -- India Stock  

INR 744.70  40.65  5.18%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 744.70 30 days 744.70  ABOUT 14.68%
Based on normal probability distribution, the odds of BEML to move above current price in 30 days from now is about 14.68% (This BEML Limited probability density function shows the probability of BEML Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BEML has beta of 0.3063 . This suggests as returns on market go up, BEML average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BEML Limited will be expected to be much smaller as well. Additionally BEML Limited has an alpha of 0.4447 implying that it can potentially generate 0.4447% excess return over DOW after adjusting for the inherited market risk (beta).
 BEML Price Density 
      Price 
α
Alpha over DOW
=0.44
β
Beta against DOW=0.31
σ
Overall volatility
=74.94
Ir
Information ratio =0.13

BEML Alerts

BEML Alerts and Suggestions

BEML Limited appears to be very risky and stock price may revert if volatility continues

Price Density Drivers

BEML Health Indicators

Trailing Annual Dividend Rate8.00
Float Shares19.14M
Average Daily Volume Last 10 Day69.73k
Average Daily Volume In Three Month87.83k
Trailing Annual Dividend Yield1.10%
Check also BEML Backtesting, BEML Valuation, BEML Correlation, BEML Hype Analysis, BEML Volatility, BEML History as well as BEML Performance. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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