IITL PROJECTS (India) Probability of Target Price Finishing Over Current Price

    IITLPROJ -- India Stock  

    INR 26.75  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     26.75 30 days 26.75  ABOUT 32.25%
    Based on normal probability distribution, the odds of IITL PROJECTS to move above current price in 30 days from now is about 32.25% (This IITL PROJECTS LIMITED probability density function shows the probability of IITL PROJECTS Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IITL PROJECTS LIMITED has beta of -0.3955 . This indicates as returns on benchmark increase, returns on holding IITL PROJECTS are expected to decrease at a much smaller rate. During bear market, however, IITL PROJECTS LIMITED is likely to outperform the market. Additionally IITL PROJECTS LIMITED has an alpha of 0.214 implying that it can potentially generate 0.214% excess return over DOW after adjusting for the inherited market risk (beta).
     IITL PROJECTS Price Density 
    Alpha over DOW
    Beta against DOW=0.4
    Overall volatility
    Information ratio =0.20


    IITL PROJECTS Alerts and Suggestions

    IITL PROJECTS is not yet fully synchronised with the market data
    IITL PROJECTS generates negative expected return over the last 30 days
    IITL PROJECTS has high likelihood to experience some financial distress in the next 2 years
    IITL PROJECTS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
    The company has accumulated 1.16 B in total debt with debt to equity ratio (D/E) of 345.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. IITL PROJECTS LIMITED has Current Ratio of 0.53 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
    This company reported revenue of 18.59 M. Net Loss for the year was (118.02 M) with profit before overhead, payroll, taxes, and interest of 5.61 M.
    IITL PROJ has accumulated about 24.9 M in cash with (383.28 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99.

    Price Density Drivers

    IITL PROJECTS Health Indicators

    Float Shares742.3k
    Average Daily Volume In Three Month49
    Please also check Risk vs Return Analysis. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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