BOMBAY Probability of Target Price Finishing Over Current Price

BS
BSHSL-SM -- India Stock  

INR 108.00  1.00  0.92%

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

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BOMBAY SUPER Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 108.00 30 days 108.00 
about 62.41
Based on a normal probability distribution, the odds of BOMBAY SUPER to move above the current price in 30 days from now is about 62.41 (This BOMBAY SUPER HYBRI probability density function shows the probability of BOMBAY SUPER Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, BOMBAY SUPER has a beta of 0.0821 suggesting as returns on the market go up, BOMBAY SUPER average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BOMBAY SUPER HYBRI 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. BOMBAY SUPER HYBRI is significantly underperforming DOW.
 BOMBAY SUPER Price Density 
      Price 
α
Alpha over DOW
=-0.14
β
Beta against DOW=0.08
σ
Overall volatility
=1.17
Ir
Information ratio =-0.22

BOMBAY SUPER Alerts and Suggestions

BOMBAY SUPER HYBRI is not yet fully synchronised with the market data
BOMBAY SUPER HYBRI generates negative expected return over the last 30 days
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