Essel Propack (India) Probability of Target Price Finishing Over Current Price

ESSELPACK -- India Stock  

INR 113.80  0.20  0.18%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 113.80 30 days 113.80  ABOUT 30.97%
Based on normal probability distribution, the odds of Essel Propack to move above current price in 30 days from now is about 30.97% (This Essel Propack Limited probability density function shows the probability of Essel Propack Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Essel Propack Limited has beta of -0.3244 suggesting as returns on benchmark increase, returns on holding Essel Propack are expected to decrease at a much smaller rate. During bear market, however, Essel Propack Limited is likely to outperform the market. Additionally Essel Propack Limited has an alpha of 0.4256 implying that it can potentially generate 0.4256% excess return over DOW after adjusting for the inherited market risk (beta).
 Essel Propack Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.43
β
Beta against DOW=0.32
σ
Overall volatility
=5.78
Ir
Information ratio =0.1

Essel Propack Alerts

Essel Propack Alerts and Suggestions

Essel Propack generates negative expected return over the last 30 days
Additionally see Investing Opportunities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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