|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,494 ||30 days|| 1,494 || OVER 95.51%|
Based on normal probability distribution, the odds of C Mer to move above current price in 30 days from now is over 95.51% (This C Mer Industries Ltd probability density function shows the probability of C Mer Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, C Mer Industries Ltd has beta of -0.2031 . This suggests as returns on benchmark increase, returns on holding C Mer are expected to decrease at a much smaller rate. During bear market, however, C Mer Industries Ltd is likely to outperform the market. Additionally C Mer Industries Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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