Indian Oil (India) Probability of Target Price Finishing Over Current Price

IOC -- India Stock  

INR 141.65  6.60  4.89%

Indian Oil probability of target price tool provides mechanism to make assumptions about upside and downside potential of Indian Oil Corporation Limited performance during a given time horizon utilizing its historical volatility. Please specify Indian Oil time horizon, a valid symbol (red box) and a target price (blue box) you would like Indian Oil odds to be computed. Please also check Indian Oil Backtesting, Indian Oil Valuation, Indian Oil Correlation, Indian Oil Hype Analysis, Indian Oil Volatility, Indian Oil History as well as Indian Oil Performance.
Horizon     30 Days    Login   to change
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Indian Oil Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 141.65 30 days 141.65  ABOUT 18.76%
Based on normal probability distribution, the odds of Indian Oil to move above current price in 30 days from now is about 18.76% (This Indian Oil Corporation Limited probability density function shows the probability of Indian Oil Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Indian Oil Corporation Limited has beta of -0.6591 . This indicates as returns on benchmark increase, returns on holding Indian Oil are expected to decrease at a much smaller rate. During bear market, however, Indian Oil Corporation Limited is likely to outperform the market. Additionally Indian Oil Corporation Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Indian Oil Price Density 
      Price 
α
Alpha over DOW
=0.1
β
Beta against DOW=0.66
σ
Overall volatility
=6.27
Ir
Information ratio =0.02

Indian Oil Alerts

Indian Oil Alerts and Suggestions

Indian Oil Limited has very high historical volatility over the last 30 days
The company has accumulated 656.5 B in total debt with debt to equity ratio (D/E) of 56.5 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Indian Oil Corporation Limited has Current Ratio of 0.74 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Latest headline from www.moneycontrol.com: Market Live Sensex soars over 500 points, Nifty nears 10550 rupee gains past 73

Price Density Drivers

Indian Oil Health Indicators

Trailing Annual Dividend Rate11.50
Float Shares1.88B
Average Daily Volume Last 10 Day10.34M
Average Daily Volume In Three Month9.47M
Trailing Annual Dividend Yield8.28%
Please also check Indian Oil Backtesting, Indian Oil Valuation, Indian Oil Correlation, Indian Oil Hype Analysis, Indian Oil Volatility, Indian Oil History as well as Indian Oil Performance. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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