|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,358 ||30 days|| 1,358 || UNDER 95%|
Based on normal probability distribution, the odds of C Mer to move above current price in 30 days from now is under 95% (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 has beta of 0.3037 . This suggests as returns on market go up, C Mer average returns are expected to increase less than the benchmark. However during bear market, the loss on holding C Mer Industries Ltd will be expected to be much smaller as well. 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