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 22.8%
    Based on normal probability distribution, the odds of Farry Industries to move above current price in 30 days from now is about 22.8% (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 has beta of 0.1749 suggesting as returns on market go up, Farry Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Farry Industries Limited will be expected to be much smaller as well. Moreover Farry Industries Limited has an alpha of 1.1943 implying that it can potentially generate 1.1943% excess return over DOW after adjusting for the inherited market risk (beta).
     Farry Industries Price Density 
          Price 
    α
    Alpha over DOW
    =1.19
    β
    Beta against DOW=0.17
    σ
    Overall volatility
    =1.40
    Ir
    Information ratio =0.25

    Farry Industries Alerts

    Farry Industries Alerts and Suggestions

    Farry Industries is not yet fully synchronised with the market data
    Farry Industries has high likelihood to experience some financial distress in the next 2 years
    Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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