|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 349.90 ||30 days|| 349.90 || ABOUT 7.04%|
Based on normal probability distribution, the odds of Jay Bharat to move above current price in 30 days from now is about 7.04% (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 Maruti Limited has beta of -0.4126 . This indicates as returns on benchmark increase, returns on holding Jay Bharat are expected to decrease at a much smaller rate. During bear market, however, Jay Bharat Maruti Limited is likely to outperform the market. Additionally Jay Bharat Maruti Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW