Farry Industries (India) Probability of Target Price Finishing Over Current Price

    FARRYIND -- India Stock  

    INR 5.17  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1.34
    β
    Beta against DOW=1.78
    σ
    Overall volatility
    =1.38
    Ir
    Information ratio =0.22

    Farry Industries Alerts

    Farry Industries Alerts and Suggestions

    Farry Industries has high likelihood to experience some financial distress in the next 2 years
    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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