KOTHARI WORLD (India) Probability of Target Price Finishing Over Current Price

KOTHARIFIN -- India Stock  

INR 56.50  0.00  0.00%

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

KOTHARI WORLD Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 56.50 30 days 56.50  ABOUT 37.58%
Based on normal probability distribution, the odds of KOTHARI WORLD to move above current price in 30 days from now is about 37.58% (This KOTHARI WORLD FINANCE LTD probability density function shows the probability of KOTHARI WORLD Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, KOTHARI WORLD FINANCE LTD has beta of -0.0236 indicating as returns on benchmark increase, returns on holding KOTHARI WORLD are expected to decrease at a much smaller rate. During bear market, however, KOTHARI WORLD FINANCE LTD is likely to outperform the market. Additionally KOTHARI WORLD FINANCE LTD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 KOTHARI WORLD Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.0061
β
Beta against DOW=0.02
σ
Overall volatility
=16.59
Ir
Information ratio =0.58

KOTHARI WORLD Alerts

KOTHARI WORLD Alerts and Suggestions

Please see also KOTHARI WORLD Backtesting, KOTHARI WORLD Valuation, KOTHARI WORLD Correlation, KOTHARI WORLD Hype Analysis, KOTHARI WORLD Volatility, KOTHARI WORLD History as well as KOTHARI WORLD Performance. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Search macroaxis.com