| FUNNY -- India Stock | | INR 0.47 0.00 0.00% |
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
Investing Opportunities.
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Horizon
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30 Days
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Funny Software Target Price Odds to finish over
| Current Price | Horizon | Target Price | Odds to move above current price in 30 days |
| 0.47 | 30 days | 0.47 | ABOUT 33.12% |
Based on normal probability distribution, the odds of Funny Software to move above current price in 30 days from now is about 33.12% (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 Limited has beta of -0.0364 suggesting as returns on benchmark increase, returns on holding Funny Software are expected to decrease at a much smaller rate. During bear market, however, Funny Software Limited is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Funny Software is significantly underperforming DOW.
Funny Software Price Density |
α | Alpha over DOW | = | 0.52 | |
β | Beta against DOW | = | 0.04 | |
σ | Overall volatility | = | 0.13 | |
Ir | Information ratio | = | 0.22 | |
Funny Software Technical Analysis
Funny Software Predictive Forecast Models
| Funny Software is not yet fully synchronised with the market data |
| Funny Software has some characteristics of a very speculative penny stock |
| Float Shares | 2.55M |
| Average Daily Volume Last 10 Day | 5.77k |
| Average Daily Volume In Three Month | 2.82k |