Consolidated Construction (India) Probability of Target Price Finishing Over Current Price

CCCL -- India Stock  

INR 2.23  0.10  4.69%

Consolidated Construction probability of target price tool provides mechanism to make assumptions about upside and downside potential of Consolidated Construction Consortium Limited performance during a given time horizon utilizing its historical volatility. Please specify Consolidated Construction time horizon, a valid symbol (red box) and a target price (blue box) you would like Consolidated Construction odds to be computed. Check also Consolidated Construction Backtesting, Consolidated Construction Valuation, Consolidated Construction Correlation, Consolidated Construction Hype Analysis, Consolidated Construction Volatility, Consolidated Construction History as well as Consolidated Construction Performance.
Horizon     30 Days    Login   to change
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Consolidated Construction Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2.23 30 days 2.23  ABOUT 54.76%
Based on normal probability distribution, the odds of Consolidated Construction to move above current price in 30 days from now is about 54.76% (This Consolidated Construction Consortium Limited probability density function shows the probability of Consolidated Construction Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Consolidated Construction has beta of 0.1157 . This suggests as returns on market go up, Consolidated Construction average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Consolidated Construction Consortium Limited will be expected to be much smaller as well. Additionally Consolidated Construction Consortium Limited has an alpha of 0.7166 implying that it can potentially generate 0.7166% excess return over DOW after adjusting for the inherited market risk (beta).
 Consolidated Construction Price Density 
      Price 
α
Alpha over DOW
=0.72
β
Beta against DOW=0.12
σ
Overall volatility
=0.43
Ir
Information ratio =0.1

Consolidated Construction Alerts

Consolidated Construction Alerts and Suggestions

Consolidated Construction generates negative expected return over the last 30 days
Consolidated Construction has high historical volatility and very poor performance
Consolidated Construction has high likelihood to experience some financial distress in the next 2 years
The company has Current Ratio of 0.81 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Consolidated Construction reported revenue of 4.71B. Net Loss for the year was (751.45M) with profit before overhead, payroll, taxes, and interest of 1.01B.
Latest headline from cedarvillenews.com: Consolidated Construction Consortium Limited Shares Push 10.00 percent Higher Over past 13 Weeks - Cedarville News

Price Density Drivers

Consolidated Construction Health Indicators

Float Shares346.54M
Average Daily Volume Last 10 Day18.32k
Average Daily Volume In Three Month39.25k
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