CALIFORNIA Probability of Target Price Finishing Over Current Price

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CALSOFT -- India Stock  

INR 9.85  0.25  2.48%

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

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

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 9.85 30 days 9.85 
about 17.69
Based on a normal probability distribution, the odds of CALIFORNIA SOFTWAR to move above the current price in 30 days from now is about 17.69 (This CALIFORNIA SOFTWAR probability density function shows the probability of CALIFORNIA SOFTWAR Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, CALIFORNIA SOFTWAR has the beta of 0.29 suggesting as returns on the market go up, CALIFORNIA SOFTWAR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CALIFORNIA SOFTWAR 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. CALIFORNIA SOFTWAR is significantly underperforming DOW.
 CALIFORNIA SOFTWAR Price Density 
      Price 
α
Alpha over DOW
=-0.31
β
Beta against DOW=0.29
σ
Overall volatility
=1.10
Ir
Information ratio =-0.11

CALIFORNIA SOFTWAR Alerts and Suggestions

CALIFORNIA SOFTWAR has very high historical volatility over the last 30 days
CALIFORNIA SOFTWA has accumulated about 613 K in cash with (5.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Roughly 41.0% of the company shares are held by company insiders

CALIFORNIA SOFTWARPrice Density Drivers

Float Shares4.24M
Average Daily Volume Last 10 Day81.18k
Average Daily Volume In Three Month28.1k
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