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

KOTHARIFIN -- India Stock  

INR 62.75  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 Stocks Correlation.
Horizon     30 Days    Login   to change
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KOTHARI WORLD Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 62.75 30 days 62.75  ABOUT 28.91%
Based on normal probability distribution, the odds of KOTHARI WORLD to move above current price in 30 days from now is about 28.91% (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 -0.287 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 an alpha of 0.4897 implying that it can potentially generate 0.4897% excess return over DOW after adjusting for the inherited market risk (beta).
 KOTHARI WORLD Price Density 
      Price 
α
Alpha over DOW
=0.49
β
Beta against DOW=0.29
σ
Overall volatility
=17.41
Ir
Information ratio =0.23

KOTHARI WORLD Alerts

KOTHARI WORLD Alerts and Suggestions

KOTHARI WORLD is not yet fully synchronised with the market data
KOTHARI WORLD appears to be very risky and stock price may revert if volatility continues

Price Density Drivers

KOTHARI WORLD Health Indicators

Float Shares442.01k
Average Daily Volume Last 10 Day440
Average Daily Volume In Three Month247
Please see also Stocks Correlation. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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