KIRAN SYNTEX (India) Probability of Target Price Finishing Over Current Price

KIRANSY-B -- India Stock  

INR 3.93  0.00  0.00%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 3.93 30 days 3.93  ABOUT 15.21%
Based on normal probability distribution, the odds of KIRAN SYNTEX to move above current price in 30 days from now is about 15.21% (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 -0.0632 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 0.2727 implying that it can potentially generate 0.2727% excess return over DOW after adjusting for the inherited market risk (beta).
 KIRAN SYNTEX Price Density 
      Price 
α
Alpha over DOW
=0.27
β
Beta against DOW=0.06
σ
Overall volatility
=0.21
Ir
Information ratio =0.08

KIRAN SYNTEX Alerts and Suggestions

KIRAN SYNTEX LTD generates negative expected return over the last 30 days
The company reported revenue of . Net Loss for the year was (878K) with profit before overhead, payroll, taxes, and interest of 1000K.

KIRAN SYNTEXPrice Density Drivers

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