Gujarat Probability of Target Price Finishing Over Current Price

<div class='circular--portrait' style='background:#347AFC;color: #ffffff;font-size:4em;padding-top: 25px;;'>GH</div>
GUJHYSPIN -- India Stock  

INR 2.02  0.02  0.98%

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

Search Price Probability

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

Gujarat Hy Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2.02 30 days 2.02 
about 85.84
Based on normal probability distribution, the odds of Gujarat Hy to move above current price in 30 days from now is about 85.84 (This Gujarat Hy Spin probability density function shows the probability of Gujarat Hy Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Gujarat Hy Spin has beta of -0.3275 . This indicates as returns on benchmark increase, returns on holding Gujarat Hy are expected to decrease at a much smaller rate. During bear market, however, Gujarat Hy Spin 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. Gujarat Hy Spin is significantly underperforming DOW.
 Gujarat Hy Price Density 
Alpha over DOW
Beta against DOW=-0.33
Overall volatility
Information ratio =-0.15

Gujarat Hy Alerts and Suggestions

Gujarat Hy Spin generates negative expected return over the last 30 days
Gujarat Hy Spin has high historical volatility and very poor performance
Gujarat Hy Spin has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 573.6 M. Net Loss for the year was (1.3 M) with profit before overhead, payroll, taxes, and interest of 156.7 M.

Gujarat HyPrice Density Drivers

Float Shares3.68M
Average Daily Volume In Three Month15.71k
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page