|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 430.90 ||30 days|| 430.90 || ABOUT 69.08%|
Based on normal probability distribution, the odds of Jay Bharat to move above current price in 30 days from now is about 69.08% (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 -1.5512 . This indicates as returns on its benchmark rise, returns on holding Jay Bharat Maruti Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Jay Bharat is expected to outperform its benchmark. Additionally Jay Bharat Maruti Limited has an alpha of 0.1052 implying that it can potentially generate 0.1052% excess return over DOW after adjusting for the inherited market risk (beta).
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