BLKASHYAP Probability of Target Price Finishing Over Current Price

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BLKASHYAP -- India Stock  

INR 3.90  0.20  4.88%

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

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Please specify B L time horizon, a valid symbol (red box) and a target price (blue box) you would like B L odds to be computed. Continue to B L Backtesting, B L Valuation, B L Correlation, B L Hype Analysis, B L Volatility, B L History as well as B L Performance.
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B L Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 3.90 30 days 3.90 
about 83.37
Based on normal probability distribution, the odds of B L to move above current price in 30 days from now is about 83.37 (This B L KASHYAP probability density function shows the probability of B L Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, B L has beta of 0.1294 . This suggests as returns on market go up, B L average returns are expected to increase less than the benchmark. However during bear market, the loss on holding B L KASHYAP 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. B L KASHYAP is significantly underperforming DOW.
 B L Price Density 
      Price 
α
Alpha over DOW
=-1.08
β
Beta against DOW=0.13
σ
Overall volatility
=1.61
Ir
Information ratio =-0.18

B L Alerts and Suggestions

B L KASHYAP generates negative expected return over the last 30 days
B L KASHYAP has high historical volatility and very poor performance
B L KASHYAP has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 7.44 B. Net Loss for the year was (516.01 M) with profit before overhead, payroll, taxes, and interest of 2.96 B.

B LPrice Density Drivers

Float Shares69.31M
Average Daily Volume Last 10 Day66.94k
Average Daily Volume In Three Month113.31k
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