KENGOLD LTD (India) Probability of Target Price Finishing Over Current Price

    KENGI -- India Stock  

    INR 8.48  0.00  0.00%

    KENGOLD LTD probability of target price tool provides mechanism to make assumptions about upside and downside potential of KENGOLD LTD performance during a given time horizon utilizing its historical volatility. Please specify KENGOLD LTD time horizon, a valid symbol (red box) and a target price (blue box) you would like KENGOLD LTD odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KENGOLD LTD Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.48 30 days 8.48  CLOSE TO ZERO PERCENT
    Based on normal probability distribution, the odds of KENGOLD LTD to move above current price in 30 days from now is close to zero percent (This KENGOLD LTD probability density function shows the probability of KENGOLD LTD Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KENGOLD LTD has beta of 0.0 indicating unless we do not have required data, the returns on DOW and KENGOLD LTD are completely uncorrelated. Additionally KENGOLD LTDIt does not look like KENGOLD LTD alpha can have any bearing on the equity current valuation.
     KENGOLD LTD Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.25
    Ir
    Information ratio =0.00

    KENGOLD LTD Alerts

    KENGOLD LTD Alerts and Suggestions

    KENGOLD LTD appears to be very risky and stock price may revert if volatility continues
    Please see also Stocks Correlation. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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