|Horizon||30 Days Login to change|
CLARO INDIA Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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||=||0.14|
|Beta against DOW||=||0.03|