|Horizon||30 Days Login to change|
KIRAN SYNTEX Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|3.50||30 days||3.50||ABOUT 36.58%|
Based on normal probability distribution, the odds of KIRAN SYNTEX to move above current price in 30 days from now is about 36.58% (This KIRAN SYNTEX LTD probability density function shows the probability of KIRAN SYNTEX Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, KIRAN SYNTEX LTD has beta of -0.0372 indicating as returns on benchmark increase, returns on holding KIRAN SYNTEX are expected to decrease at a much smaller rate. During bear market, however, KIRAN SYNTEX LTD is likely to outperform the market. Additionally The company has an alpha of 0.3309 implying that it can potentially generate 0.3309% excess return over DOW after adjusting for the inherited market risk (beta).
KIRAN SYNTEX Price Density
|Alpha over DOW||=||0.33|
|Beta against DOW||=||0.04|