|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.08 ||30 days|| 0.08 || ABOUT 9.45%|
Based on normal probability distribution, the odds of Independent News to move above current price in 30 days from now is about 9.45% (This Independent News Media plc probability density function shows the probability of Independent News Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Independent News Media plc has beta of -0.217 . This indicates as returns on benchmark increase, returns on holding Independent News are expected to decrease at a much smaller rate. During bear market, however, Independent News Media plc is likely to outperform the market. Additionally Independent News Media plc has an alpha of 0.3498 implying that it can potentially generate 0.3498% excess return over DOW after adjusting for the inherited market risk (beta).
Independent News Price Density