ICICI Probability of Target Price Finishing Over Current Price

IP
ICICIMCAP -- India Stock  

INR 51.33  0.01  0.0195%

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

Search Price Probability

 
Refresh
Please specify ICICI Prudential time horizon, a valid symbol (red box) and a target price (blue box) you would like ICICI Prudential odds to be computed. Please see Risk vs Return Analysis.
Apply Odds

ICICI Prudential Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 51.33 30 days 51.33 
about 88.45
Based on normal probability distribution, the odds of ICICI Prudential to move above current price in 30 days from now is about 88.45 (This ICICI Prudential Midcap probability density function shows the probability of ICICI Prudential Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, ICICI Prudential Midcap has beta of -0.0758 . This indicates as returns on benchmark increase, returns on holding ICICI Prudential are expected to decrease at a much smaller rate. During bear market, however, ICICI Prudential Midcap 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. ICICI Prudential Midcap is significantly underperforming DOW.
 ICICI Prudential Price Density 
      Price 
α
Alpha over DOW
=-0.34
β
Beta against DOW=-0.08
σ
Overall volatility
=6.87
Ir
Information ratio =-0.09

ICICI Prudential Alerts and Suggestions

ICICI Prudential is not yet fully synchronised with the market data

ICICI PrudentialPrice Density Drivers

Average Daily Volume Last 10 Day7
Average Daily Volume In Three Month7
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