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

IITLPROJ -- India Stock  

INR 21.80  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 IITL PROJECTS Backtesting, IITL PROJECTS Valuation, IITL PROJECTS Correlation, IITL PROJECTS Hype Analysis, IITL PROJECTS Volatility, IITL PROJECTS History as well as IITL PROJECTS Performance.
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
 21.80 30 days 21.80  ABOUT 97.0%
Based on normal probability distribution, the odds of IITL PROJECTS to move above current price in 30 days from now is about 97.0% (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 -0.0324 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. IITL PROJECTS LIMITED is significantly underperforming DOW.
 IITL PROJECTS Price Density 
      Price 
α
Alpha over DOW
=0.55
β
Beta against DOW=0.03
σ
Overall volatility
=2.46
Ir
Information ratio =0.34

IITL PROJECTS Alerts

IITL PROJECTS Alerts and Suggestions

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 1.16B 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.
The entity reported revenue of 18.59M. Net Loss for the year was (118.02M) with profit before overhead, payroll, taxes, and interest of 5.61M.
IITL PROJ has accumulated about 24.9M in cash with (383.28K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99.
Latest headline from www.thehindubusinessline.com: Iitl Projects Limited - Closure of Trading Window - The Hindu BusinessLine

Price Density Drivers

IITL PROJECTS Health Indicators

Float Shares742.3k
Average Daily Volume Last 10 Day76
Average Daily Volume In Three Month150
Please also check IITL PROJECTS Backtesting, IITL PROJECTS Valuation, IITL PROJECTS Correlation, IITL PROJECTS Hype Analysis, IITL PROJECTS Volatility, IITL PROJECTS History as well as IITL PROJECTS Performance. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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