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|
BEML Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.44|
|Beta against DOW||=||0.31|
BEML Technical Analysis
BEML Predictive Forecast Models
|BEML Limited appears to be very risky and stock price may revert if volatility continues|
|Trailing Annual Dividend Rate||8.00|
|Average Daily Volume Last 10 Day||69.73k|
|Average Daily Volume In Three Month||87.83k|
|Trailing Annual Dividend Yield||1.10%|