Fairchem Speciality (India) Probability of Target Price Finishing Over Current Price

FAIRCHEM -- India Stock  

 418.80  2.55  0.61%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 418.80 30 days 418.80  ABOUT 26.76%
Based on normal probability distribution, the odds of Fairchem Speciality to move above current price in 30 days from now is about 26.76% (This Fairchem Speciality Limited probability density function shows the probability of Fairchem Speciality Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Fairchem Speciality Limited has beta of -1.6934 suggesting as returns on its benchmark rise, returns on holding Fairchem Speciality Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Fairchem Speciality is expected to outperform its benchmark. Additionally Fairchem Speciality Limited has an alpha of 0.5823 implying that it can potentially generate 0.5823% excess return over DOW after adjusting for the inherited market risk (beta).
 Fairchem Speciality Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.58
β
Beta against DOW=1.69
σ
Overall volatility
=23.41
Ir
Information ratio =0.046879

Fairchem Speciality Alerts

Fairchem Speciality Alerts and Suggestions

Fairchem Speciality appears to be very risky and stock price may revert if volatility continues
On August 1, 2018 Fairchem Speciality paid 1.5 per share dividend to its current shareholders
Additionally see Fairchem Speciality Backtesting, Fairchem Speciality Valuation, Fairchem Speciality Correlation, Fairchem Speciality Hype Analysis, Fairchem Speciality Volatility, Fairchem Speciality History as well as Fairchem Speciality Performance. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
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