Cantabil Retail (India) Probability of Target Price Finishing Over Current Price

    CANTABIL -- India Stock  

    INR 130.30  13.45  9.36%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     130.30 30 days 130.30  ABOUT 74.52%
    Based on normal probability distribution, the odds of Cantabil Retail to move above current price in 30 days from now is about 74.52% (This Cantabil Retail India Limited probability density function shows the probability of Cantabil Retail Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Cantabil Retail has beta of 0.4712 . This suggests as returns on market go up, Cantabil Retail average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cantabil Retail India Limited will be expected to be much smaller as well. Additionally Cantabil Retail India Limited has an alpha of 0.0203 implying that it can potentially generate 0.0203% excess return over DOW after adjusting for the inherited market risk (beta).
     Cantabil Retail Price Density 
          Price 
    α
    Alpha over DOW
    =0.020322
    β
    Beta against DOW=0.47
    σ
    Overall volatility
    =4.18
    Ir
    Information ratio =0.021047

    Cantabil Retail Alerts

    Cantabil Retail Alerts and Suggestions

    Cantabil Retail is not yet fully synchronised with the market data
    Cantabil Retail has very high historical volatility over the last 30 days

    Price Density Drivers

    Cantabil Retail Health Indicators

    Float Shares2.78M
    Average Daily Volume Last 10 Day48
    Average Daily Volume In Three Month5.33k
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