GTLINFRA Probability of Target Price Finishing Over Current Price

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GTLINFRA -- India Stock  

INR 0.34  0.01  3.03%

GTL INFRASTRUCTURE probability of target price tool provides mechanism to make assumptions about upside and downside potential of GTL INFRASTRUCTURE LTD performance during a given time horizon utilizing its historical volatility.

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Please specify GTL INFRASTRUCTURE time horizon, a valid symbol (red box) and a target price (blue box) you would like GTL INFRASTRUCTURE odds to be computed. Please check GTL INFRASTRUCTURE Backtesting, GTL INFRASTRUCTURE Valuation, GTL INFRASTRUCTURE Correlation, GTL INFRASTRUCTURE Hype Analysis, GTL INFRASTRUCTURE Volatility, GTL INFRASTRUCTURE History as well as GTL INFRASTRUCTURE Performance.
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GTL INFRASTRUCTURE Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 0.34 30 days 0.34 
about 30.15
Based on normal probability distribution, the odds of GTL INFRASTRUCTURE to move above current price in 30 days from now is about 30.15 (This GTL INFRASTRUCTURE LTD probability density function shows the probability of GTL INFRASTRUCTURE Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, GTL INFRASTRUCTURE has beta of 0.1039 . This indicates as returns on market go up, GTL INFRASTRUCTURE average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GTL INFRASTRUCTURE LTD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. GTL INFRASTRUCTURE LTD is significantly underperforming DOW.
 GTL INFRASTRUCTURE Price Density 
      Price 
α
Alpha over DOW
=-0.18
β
Beta against DOW=0.10
σ
Overall volatility
=0.06
Ir
Information ratio =-0.04

GTL INFRASTRUCTURE Alerts and Suggestions

GTL INFRASTRUCTURE has some characteristics of a very speculative penny stock
GTL INFRASTRUCTURE has very high historical volatility over the last 30 days
The company has accumulated 6.63 B in total debt with debt to equity ratio (D/E) of 0.57 which is about average as compared to similar companies. GTL INFRASTRUCTURE LTD has Current Ratio of 0.57 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 17.16 B. Net Loss for the year was (23.22 B) with profit before overhead, payroll, taxes, and interest of 6.04 B.

GTL INFRASTRUCTUREPrice Density Drivers

Float Shares9.81B
Average Daily Volume Last 10 Day1.85M
Average Daily Volume In Three Month1.14M
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