Darshan Orna (India) Probability of Target Price Finishing Over Current Price

    DARSHANORNA -- India Stock  

    INR 28.35  0.25  0.89%

    Darshan Orna probability of target price tool provides mechanism to make assumptions about upside and downside potential of Darshan Orna Limited performance during a given time horizon utilizing its historical volatility. Please specify Darshan Orna time horizon, a valid symbol (red box) and a target price (blue box) you would like Darshan Orna odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Darshan Orna Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     28.35 30 days 28.35  ABOUT 58.16%
    Based on normal probability distribution, the odds of Darshan Orna to move above current price in 30 days from now is about 58.16% (This Darshan Orna Limited probability density function shows the probability of Darshan Orna Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Darshan Orna has beta of 0.2091 suggesting as returns on market go up, Darshan Orna average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Darshan Orna Limited will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Darshan Orna Limited is significantly underperforming DOW.
     Darshan Orna Price Density 
          Price 
    α
    Alpha over DOW
    =0.68
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =3.91
    Ir
    Information ratio =0.4

    Darshan Orna Alerts and Suggestions

    Darshan Orna Limited is not yet fully synchronised with the market data

    Darshan OrnaPrice Density Drivers

    Trailing Annual Dividend Rate0.12
    Float Shares731.72k
    Average Daily Volume Last 10 Day7.15k
    Average Daily Volume In Three Month6.32k
    Trailing Annual Dividend Yield0.43%
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