Funny Software (India) Probability of Target Price Finishing Over Current Price

FUNNY -- India Stock  

INR 0.72  0.02  2.70%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 0.72 30 days 0.72  ABOUT 88.79%
Based on normal probability distribution, the odds of Funny Software to move above current price in 30 days from now is about 88.79% (This Funny Software Limited probability density function shows the probability of Funny Software Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Funny Software has beta of 0.5341 suggesting as returns on market go up, Funny Software average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Funny Software Limited will be expected to be much smaller as well. Additionally Funny Software Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Funny Software Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=1.04
β
Beta against DOW=0.53
σ
Overall volatility
=0.06
Ir
Information ratio =0.65

Funny Software Alerts

Funny Software Alerts and Suggestions

Funny Software generates negative expected return over the last 30 days
Funny Software has some characteristics of a very speculative penny stock
Funny Software has high likelihood to experience some financial distress in the next 2 years
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Additionally see Funny Software Backtesting, Funny Software Valuation, Funny Software Correlation, Funny Software Hype Analysis, Funny Software Volatility, Funny Software History as well as Funny Software Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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