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

    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.
    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
     0.47 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 
          Price 
    α
    Alpha over DOW
    =0.52
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.13
    Ir
    Information ratio =0.22

    Funny Software Alerts

    Funny Software Alerts and Suggestions

    Funny Software is not yet fully synchronised with the market data
    Funny Software has some characteristics of a very speculative penny stock

    Price Density Drivers

    Funny Software Health Indicators

    Float Shares2.55M
    Average Daily Volume Last 10 Day5.77k
    Average Daily Volume In Three Month2.82k
    Additionally see Investing Opportunities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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