IEL Probability of Target Price Finishing Over Current Price

<div class='circular--portrait' style='background:#006400;color: #FFE4E1;font-size:3em;padding-top: 38px;;'>IEL</div>
INDXTRA -- India Stock  

INR 1.37  0.00  0.00%

IEL probability of target price tool provides mechanism to make assumptions about upside and downside potential of IEL LIMITED performance during a given time horizon utilizing its historical volatility.

Search Price Probability

 
Refresh
Please specify IEL time horizon, a valid symbol (red box) and a target price (blue box) you would like IEL odds to be computed. Please see Risk vs Return Analysis.
Apply Odds

IEL Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.37 30 days 1.37 
about 69.73
Based on normal probability distribution, the odds of IEL to move above current price in 30 days from now is about 69.73 (This IEL LIMITED probability density function shows the probability of IEL Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IEL has beta of 0.109 . This indicates as returns on market go up, IEL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IEL LIMITED 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. IEL LIMITED is significantly underperforming DOW.
 IEL Price Density 
      Price 
α
Alpha over DOW
=-0.54
β
Beta against DOW=0.11
σ
Overall volatility
=0.19
Ir
Information ratio =-0.16

IEL Alerts and Suggestions

IEL LIMITED is not yet fully synchronised with the market data
IEL LIMITED generates negative expected return over the last 30 days
IEL LIMITED may become a speculative penny stock
The company has accumulated 9.1 M in total debt with debt to equity ratio (D/E) of 0.57 which is about average as compared to similar companies. IEL LIMITED has Current Ratio of 0.87 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
INDIAN EXTRACTION has accumulated about 487 K in cash with (8.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.

IELPrice Density Drivers

Float Shares921.82k
Average Daily Volume In Three Month68
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page