ICICI Probability of Target Price Finishing Over Current Price

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.

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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.
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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 
Alpha over DOW
Beta against DOW=-0.08
Overall volatility
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
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