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

    JAYBARMARU -- India Stock  

    INR 430.90  1.10  0.26%

    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
     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).
     Jay Bharat Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=1.55
    σ
    Overall volatility
    =9.68
    Ir
    Information ratio =0.16

    Jay Bharat Alerts

    Jay Bharat Alerts and Suggestions

    Jay Bharat Maruti generates negative expected return over the last 30 days
    Jay Bharat Maruti has accumulated 2.64 Billion in debt which can lead to volatile earnings
    The company has accumulated 2.64 B 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 Limited 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.
    Please also check Risk vs Return Analysis. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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