Creative Eye (India) Probability of Target Price Finishing Over Current Price

CREATIVEYE -- India Stock  

INR 2.55  0.00  0.00%

Creative Eye probability of target price tool provides mechanism to make assumptions about upside and downside potential of Creative Eye Limited performance during a given time horizon utilizing its historical volatility. Please specify Creative Eye time horizon, a valid symbol (red box) and a target price (blue box) you would like Creative Eye odds to be computed. Check also Creative Eye Backtesting, Creative Eye Valuation, Creative Eye Correlation, Creative Eye Hype Analysis, Creative Eye Volatility, Creative Eye History as well as Creative Eye Performance.
Horizon     30 Days    Login   to change
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Creative Eye Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2.55 30 days 2.55  ABOUT 86.79%
Based on normal probability distribution, the odds of Creative Eye to move above current price in 30 days from now is about 86.79% (This Creative Eye Limited probability density function shows the probability of Creative Eye Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Creative Eye Limited has beta of -0.133 . This suggests as returns on benchmark increase, returns on holding Creative Eye are expected to decrease at a much smaller rate. During bear market, however, Creative Eye Limited 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. Creative Eye Limited is significantly underperforming DOW.
 Creative Eye Price Density 
      Price 
α
Alpha over DOW
=0.03
β
Beta against DOW=0.13
σ
Overall volatility
=0.16
Ir
Information ratio =0.013462

Creative Eye Alerts

Creative Eye Alerts and Suggestions

Creative Eye Limited generates negative expected return over the last 30 days
The company reported revenue of 152.14M. Net Loss for the year was (53.25M) with loss before overhead, payroll, taxes, and interest of (28.66M).

Price Density Drivers

Creative Eye Health Indicators

Float Shares7.35M
Average Daily Volume Last 10 Day1.06k
Average Daily Volume In Three Month747
Check also Creative Eye Backtesting, Creative Eye Valuation, Creative Eye Correlation, Creative Eye Hype Analysis, Creative Eye Volatility, Creative Eye History as well as Creative Eye Performance. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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