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.

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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.
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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 
Alpha over DOW
Beta against DOW=0.11
Overall volatility
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
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