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

    IECEDU -- India Stock  

    INR 1.89  0.20  9.57%

    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
     1.89 30 days 1.89  ABOUT 48.47%
    Based on normal probability distribution, the odds of IEC Education to move above current price in 30 days from now is about 48.47% (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 Ltd has beta of -0.2051 . This indicates as returns on benchmark increase, returns on holding IEC Education are expected to decrease at a much smaller rate. During bear market, however, IEC Education Ltd is likely to outperform the market. Additionally IEC Education Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IEC Education Price Density 
          Price 
    α
    Alpha over DOW
    =0.24
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =0.76
    Ir
    Information ratio =0.04

    IEC Education Alerts

    IEC Education Alerts and Suggestions

    IEC Education is not yet fully synchronised with the market data
    IEC Education may become a speculative penny stock
    IEC Education has high likelihood to experience some financial distress in the next 2 years
    The company reported revenue of (4.73 M). Net Loss for the year was (8.26 M) with loss before overhead, payroll, taxes, and interest of (2.23 M).

    Price Density Drivers

    IEC Education Health Indicators

    Float Shares2.51M
    Average Daily Volume In Three Month63
    Please also check Risk vs Return Analysis. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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