|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 5.17 ||30 days|| 5.17 || ABOUT 21.42%|
Based on normal probability distribution, the odds of Farry Industries to move above current price in 30 days from now is about 21.42% (This Farry Industries Limited probability density function shows the probability of Farry Industries Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Farry Industries Limited has beta of -1.7831 suggesting as returns on its benchmark rise, returns on holding Farry Industries Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Farry Industries is expected to outperform its benchmark. Moreover Farry Industries Limited has an alpha of 1.3447 implying that it can potentially generate 1.3447% excess return over DOW after adjusting for the inherited market risk (beta).
Farry Industries Price Density
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|Current Price || ||Target Price || |