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

BEML -- India Stock  

INR 976.20  24.20  2.54%

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
 976.20 30 days 976.20  ABOUT 20.77%
Based on normal probability distribution, the odds of BEML to move above current price in 30 days from now is about 20.77% (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 Limited has beta of -0.2498 . This suggests as returns on benchmark increase, returns on holding BEML are expected to decrease at a much smaller rate. During bear market, however, BEML Limited is likely to outperform the market. Additionally The company has an alpha of 0.0233 implying that it can potentially generate 0.0233% excess return over DOW after adjusting for the inherited market risk (beta).
 BEML Price Density 
      Price 
α
Alpha over DOW
=0.023313
β
Beta against DOW=0.25
σ
Overall volatility
=61.76
Ir
Information ratio =0.014942

BEML Alerts and Suggestions

BEML Limited generates negative expected return over the last 30 days

BEMLPrice Density Drivers

Trailing Annual Dividend Rate8.00
Float Shares19.1M
Average Daily Volume Last 10 Day81.11k
Average Daily Volume In Three Month93.02k
Trailing Annual Dividend Yield0.95%
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