IEC Education (India) Probability of Target Price Finishing Over Current Price

IECEDU -- India Stock  

INR 1.13  0.00  0.00%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.13 30 days 1.13  ABOUT 42.55%
Based on normal probability distribution, the odds of IEC Education to move above current price in 30 days from now is about 42.55% (This IEC Education Ltd probability density function shows the probability of IEC Education Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IEC Education has beta of 0.053 . This indicates as returns on market go up, IEC Education average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IEC Education Ltd 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. IEC Education is significantly underperforming DOW.
 IEC Education Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.05
σ
Overall volatility
=0.30
Ir
Information ratio =0.17

IEC Education Alerts and Suggestions

IEC Education is not yet fully synchronised with the market data
IEC Education generates negative expected return over the last 30 days
IEC Education may become a speculative penny stock
The company reported revenue of 238K. Net Loss for the year was (8.46M) with loss before overhead, payroll, taxes, and interest of (2.23M).

IEC EducationPrice Density Drivers

Float Shares2.48M
Average Daily Volume In Three Month45
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