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

CCCL -- India Stock  

INR 2.03  0.32  13.62%

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
Symbol:
Refresh Odds

Consolidated Construction Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2.03 30 days 2.03  CLOSE TO 99%
Based on normal probability distribution, the odds of Consolidated Construction to move above current price in 30 days from now is close to 99% (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, the stock has beta coefficient of 3.7944 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Consolidated Construction will likely underperform. Additionally Consolidated Construction Consortium Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Consolidated Construction Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=1.16
β
Beta against DOW=3.79
σ
Overall volatility
=0.16
Ir
Information ratio =0.19

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 Consortium Limited reported revenue of 4.71 B. Net Loss for the year was (751.45 M) with profit before overhead, payroll, taxes, and interest of 529.64 M.
Latest headline from economictimes.indiatimes.com: Big promoters using IBC to file frivolous appeals Raghuram Rajan
Search macroaxis.com