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

CANTABIL -- India Stock  

INR 141.40  8.30  6.24%

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
 141.40 30 days 141.40  NEAR 1%
Based on normal probability distribution, the odds of Cantabil Retail to move above current price in 30 days from now is near 1% (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 India Limited has beta of -0.1307 . This suggests as returns on benchmark increase, returns on holding Cantabil Retail are expected to decrease at a much smaller rate. During bear market, however, Cantabil Retail India Limited is likely to outperform the market. Additionally The company has an alpha of 0.2014 implying that it can potentially generate 0.2014% excess return over DOW after adjusting for the inherited market risk (beta).
 Cantabil Retail Price Density 
      Price 
α
Alpha over DOW
=0.20
β
Beta against DOW=0.13
σ
Overall volatility
=4.33
Ir
Information ratio =0.07

Cantabil Retail Alerts

Cantabil Retail Alerts and Suggestions

Cantabil Retail is not yet fully synchronised with the market data

Price Density Drivers

Cantabil Retail Health Indicators

Float Shares3.48M
Average Daily Volume Last 10 Day9.07k
Average Daily Volume In Three Month4.08k
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