|Horizon||30 Days Login to change|
Farry Industries Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|5.17||30 days||5.17||ABOUT 15.35%|
Based on normal probability distribution, the odds of Farry Industries to move above current price in 30 days from now is about 15.35% (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 -0.0873 suggesting as returns on benchmark increase, returns on holding Farry Industries are expected to decrease at a much smaller rate. During bear market, however, Farry Industries Limited is likely to outperform the market. Additionally The company has an alpha of 0.5691 implying that it can potentially generate 0.5691% excess return over DOW after adjusting for the inherited market risk (beta).
Farry Industries Price Density
|Alpha over DOW||=||0.57|
|Beta against DOW||=||0.09|