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

IOC -- India Stock  

INR 153.70  4.30  2.72%

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 Risk vs Return Analysis.
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
 153.70 30 days 153.70  ABOUT 54.7%
Based on normal probability distribution, the odds of Indian Oil to move above current price in 30 days from now is about 54.7% (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 -0.279 . 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 The company has an alpha of 0.0903 implying that it can potentially generate 0.0903% excess return over DOW after adjusting for the inherited market risk (beta).
 Indian Oil Price Density 
Alpha over DOW
Beta against DOW=0.28
Overall volatility
Information ratio =0.040102

Indian Oil Alerts and Suggestions

Indian Oil Limited is not yet fully synchronised with the market data
The company has accumulated 642.43B in total debt with debt to equity ratio (D/E) of 51.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Indian Oil Limited has Current Ratio of 0.78 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 OilPrice Density Drivers

Trailing Annual Dividend Rate11.50
Float Shares2.25B
Average Daily Volume Last 10 Day10.51M
Average Daily Volume In Three Month14.24M
Trailing Annual Dividend Yield7.39%