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

JAYBARMARU -- India Stock  

INR 349.90  13.50  3.71%

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
 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
 Jay Bharat Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.41
σ
Overall volatility
=22.41
Ir
Information ratio =0.00068646

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 2.64 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.

Price Density Drivers

Jay Bharat Health Indicators

Trailing Annual Dividend Rate2.50
Float Shares5.02M
Average Daily Volume Last 10 Day9.73k
Average Daily Volume In Three Month19.07k
Trailing Annual Dividend Yield0.80%
Please also check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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