HOUSING Probability of Target Price Finishing Over 1754.1

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HDFC -- India Stock  

INR 1,659  40.35  2.49%

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

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Please specify HOUSING DEVELOPMENT time horizon, a valid symbol (red box) and a target price (blue box) you would like HOUSING DEVELOPMENT odds to be computed. Please check HOUSING DEVELOPMENT Backtesting, HOUSING DEVELOPMENT Valuation, HOUSING DEVELOPMENT Correlation, HOUSING DEVELOPMENT Hype Analysis, HOUSING DEVELOPMENT Volatility, HOUSING DEVELOPMENT History as well as HOUSING DEVELOPMENT Performance.
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HOUSING DEVELOPMENT Target Price Odds to finish over 1754.1

Current PriceHorizonTarget PriceOdds to move over  1,754  or more in 30 days
 1,659 30 days 1,754 
about 59.91
Based on normal probability distribution, the odds of HOUSING DEVELOPMENT to move over  1,754  or more in 30 days from now is about 59.91 (This HOUSING DEVELOPMENT FINANCE probability density function shows the probability of HOUSING DEVELOPMENT Stock to fall within a particular range of prices over 30 days) . Probability of HOUSING DEVELOPMENT price to stay between its current price of  1,659  and  1,754  at the end of the 30-day period is about 11.09 .
Assuming 30 trading days horizon, HOUSING DEVELOPMENT has beta of 0.1472 . This indicates as returns on market go up, HOUSING DEVELOPMENT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HOUSING DEVELOPMENT FINANCE 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. HOUSING DEVELOPMENT is significantly underperforming DOW.
 HOUSING DEVELOPMENT Price Density 
      Price 
α
Alpha over DOW
=-0.45
β
Beta against DOW=0.15
σ
Overall volatility
=313.35
Ir
Information ratio =-0.09

HOUSING DEVELOPMENT Alerts and Suggestions

HOUSING DEVELOPMENT generates negative expected return over the last 30 days
HOUSING DEVELOPMENT has high historical volatility and very poor performance
HOUSING DEVELOPME has accumulated about 55.23 B in cash with (284.48 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.91.

HOUSING DEVELOPMENTPrice Density Drivers

Trailing Annual Dividend Rate21.00
Float Shares1.69B
Average Daily Volume Last 10 Day273.62k
Average Daily Volume In Three Month237.68k
Trailing Annual Dividend Yield1.26%
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