CLARO INDIA (India) Probability of Target Price Finishing Over Current Price

    CLARIND -- India Stock  

    INR 4.90  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4.90 30 days 4.90  ABOUT 32.62%
    Based on normal probability distribution, the odds of CLARO INDIA to move above current price in 30 days from now is about 32.62% (This CLARO INDIA LTD probability density function shows the probability of CLARO INDIA Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, CLARO INDIA LTD has beta of -0.0252 . This suggests as returns on benchmark increase, returns on holding CLARO INDIA are expected to decrease at a much smaller rate. During bear market, however, CLARO INDIA LTD is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. CLARO INDIA LTD is significantly underperforming DOW.
     CLARO INDIA Price Density 
    Alpha over DOW
    Beta against DOW=0.03
    Overall volatility
    Information ratio =0.74

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    CLARO INDIA LTD is not yet fully synchronised with the market data

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