Bombay Oxygen (India) Probability of Target Price Finishing Over Current Price

    BOMOXY-B1 -- India Stock  

    INR 26,954  1,284  5.00%

    Bombay Oxygen probability of target price tool provides mechanism to make assumptions about upside and downside potential of Bombay Oxygen Corporation Limited performance during a given time horizon utilizing its historical volatility. Please specify Bombay Oxygen time horizon, a valid symbol (red box) and a target price (blue box) you would like Bombay Oxygen odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Refresh Odds

    Bombay Oxygen Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     26,954 30 days 26,954  ABOUT 10.23%
    Based on normal probability distribution, the odds of Bombay Oxygen to move above current price in 30 days from now is about 10.23% (This Bombay Oxygen Corporation Limited probability density function shows the probability of Bombay Oxygen Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Bombay Oxygen Corporation Limited has beta of -0.3741 . This suggests as returns on benchmark increase, returns on holding Bombay Oxygen are expected to decrease at a much smaller rate. During bear market, however, Bombay Oxygen Corporation Limited is likely to outperform the market. Additionally Bombay Oxygen Corporation Limited has an alpha of 0.8702 implying that it can potentially generate 0.8702% excess return over DOW after adjusting for the inherited market risk (beta).
     Bombay Oxygen Price Density 
    Alpha over DOW
    Beta against DOW=0.37
    Overall volatility
    Information ratio =0.49

    Bombay Oxygen Alerts

    Bombay Oxygen Alerts and Suggestions

    Bombay Oxygen is not yet fully synchronised with the market data
    BOM.OXYGEN has accumulated about 170.47 M in cash with (82.01 M) of positive cash flow from operations.
    Check also Trending Equities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.