|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 714.25 ||30 days|| 714.25 || ROUGHLY 96.0%|
Based on normal probability distribution, the odds of BEML to move above current price in 30 days from now is roughly 96.0% (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 -0.3181 . 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 BEML Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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