|Current Price||Horizon||Target Price||Odds 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