Jay Bharat (India) Probability of Target Price Finishing Over Current Price

JAYBARMARU -- India Stock  

INR 305.25  0.75  0.25%

Jay Bharat probability of target price tool provides mechanism to make assumptions about upside and downside potential of Jay Bharat Maruti Limited performance during a given time horizon utilizing its historical volatility. Please specify Jay Bharat time horizon, a valid symbol (red box) and a target price (blue box) you would like Jay Bharat odds to be computed. Please also check Risk vs Return Analysis.
Horizon     30 Days    Login   to change
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Jay Bharat Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 305.25 30 days 305.25  ABOUT 19.64%
Based on normal probability distribution, the odds of Jay Bharat to move above current price in 30 days from now is about 19.64% (This Jay Bharat Maruti Limited probability density function shows the probability of Jay Bharat Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Jay Bharat has beta of 0.1497 . This indicates as returns on market go up, Jay Bharat average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Jay Bharat Maruti 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. Jay Bharat Maruti is significantly underperforming DOW.
 Jay Bharat Price Density 
      Price 
α
Alpha over DOW
=0.28
β
Beta against DOW=0.15
σ
Overall volatility
=169.81
Ir
Information ratio =0.33

Jay Bharat Alerts

Jay Bharat Alerts and Suggestions

Jay Bharat Maruti is not yet fully synchronised with the market data
Jay Bharat Maruti has accumulated 2.64 Billion in debt which can lead to volatile earnings
The company has accumulated 2.64B in total debt with debt to equity ratio (D/E) of 73.1 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Jay Bharat Maruti has Current Ratio of 0.68 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

Jay Bharat Health Indicators

Trailing Annual Dividend Rate2.50
Float Shares5.02M
Average Daily Volume Last 10 Day25.96k
Average Daily Volume In Three Month25.57k
Trailing Annual Dividend Yield0.82%
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