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

    KIRANSY-B -- India Stock  

    INR 3.50  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 Stocks Correlation.
    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
     3.50 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 
          Price 
    α
    Alpha over DOW
    =0.33
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.11
    Ir
    Information ratio =0.32

    KIRAN SYNTEX Alerts

    KIRAN SYNTEX Alerts and Suggestions

    KIRAN SYNTEX LTD is not yet fully synchronised with the market data
    KIRAN SYNTEX LTD has high likelihood to experience some financial distress in the next 2 years
    The company reported revenue of . Net Loss for the year was (391.89K) with profit before overhead, payroll, taxes, and interest of 1000K.
    Please see also Stocks Correlation. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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