CAPROLACTAM Probability of Target Price Finishing Over Current Price

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CAPRO -- India Stock  

INR 23.00  0.05  0.22%

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

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CAPROLACTAM CHEMICALS Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 23.00 30 days 23.00 
about 9.26
Based on a normal probability distribution, the odds of CAPROLACTAM CHEMICALS to move above the current price in 30 days from now is about 9.26 (This CAPROLACTAM CHEMICALS LTD probability density function shows the probability of CAPROLACTAM CHEMICALS Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, CAPROLACTAM CHEMICALS LTD has a beta of -0.1389 suggesting as returns on benchmark increase, returns on holding CAPROLACTAM CHEMICALS are expected to decrease at a much lower rate. During the bear market, however, CAPROLACTAM CHEMICALS LTD is likely to outperform the market. Additionally The company has an alpha of 0.8629, implying that it can generate a 0.86 percent excess return over DOW after adjusting for the inherited market risk (beta).
 CAPROLACTAM CHEMICALS Price Density 
      Price 
α
Alpha over DOW
=0.86
β
Beta against DOW=-0.14
σ
Overall volatility
=2.77
Ir
Information ratio =0.16

CAPROLACTAM CHEMICALS Alerts and Suggestions

CAPROLACTAM CHEMICALS has very high historical volatility over the last 30 days
The company has accumulated 23.06 M in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. CAPROLACTAM CHEMICALS LTD has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
About 52.0% of CAPROLACTAM CHEMICALS shares are held by company insiders

CAPROLACTAM CHEMICALSPrice Density Drivers

Float Shares1.96M
Average Daily Volume Last 10 Day389
Average Daily Volume In Three Month410
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