HANIL ERA (India) Probability of Target Price Finishing Over Current Price

    HANILERA -- India Stock  

    INR 1.96  1.96  9,223,372,036,855%

    HANIL ERA probability of target price tool provides mechanism to make assumptions about upside and downside potential of HANIL ERA TEXTILES LTD performance during a given time horizon utilizing its historical volatility. Please specify HANIL ERA time horizon, a valid symbol (red box) and a target price (blue box) you would like HANIL ERA odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    HANIL ERA Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.96 30 days 1.96  ABOUT 5.26%
    Based on normal probability distribution, the odds of HANIL ERA to move above current price in 30 days from now is about 5.26% (This HANIL ERA TEXTILES LTD probability density function shows the probability of HANIL ERA Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HANIL ERA has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and HANIL ERA are completely uncorrelated. Additionally HANIL ERA TEXTILES LTDIt does not look like HANIL ERA alpha can have any bearing on the equity current valuation.
     HANIL ERA Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.91
    Ir
    Information ratio =0.00

    HANIL ERA Alerts

    HANIL ERA Alerts and Suggestions

    HANIL ERA TEXTILES is not yet fully synchronised with the market data
    HANIL ERA TEXTILES may become a speculative penny stock
    HANIL ERA TEXTILES has high likelihood to experience some financial distress in the next 2 years
    The company reported revenue of 253.4 M. Net Loss for the year was (77.1 M) with profit before overhead, payroll, taxes, and interest of 6 M.
    Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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