KPIT Technologies (India) Probability of Target Price Finishing Over Current Price

KPIT -- India Stock  

INR 217.80  5.90  2.64%

KPIT Technologies probability of target price tool provides mechanism to make assumptions about upside and downside potential of KPIT Technologies Limited performance during a given time horizon utilizing its historical volatility. Please specify KPIT Technologies time horizon, a valid symbol (red box) and a target price (blue box) you would like KPIT Technologies odds to be computed. Please see also Stocks Correlation.
Horizon     30 Days    Login   to change
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KPIT Technologies Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 217.80 30 days 217.80  ABOUT 48.45%
Based on normal probability distribution, the odds of KPIT Technologies to move above current price in 30 days from now is about 48.45% (This KPIT Technologies Limited probability density function shows the probability of KPIT Technologies Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, KPIT Technologies Limited has beta of -1.911 indicating as returns on its benchmark rise, returns on holding KPIT Technologies Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, KPIT Technologies is expected to outperform its benchmark. Additionally KPIT Technologies Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 KPIT Technologies Price Density 
      Price 
α
Alpha over DOW
=0.63
β
Beta against DOW=1.91
σ
Overall volatility
=20.38
Ir
Information ratio =0.22

KPIT Technologies Alerts

KPIT Technologies Alerts and Suggestions

KPIT Technologies is not yet fully synchronised with the market data

Price Density Drivers

KPIT Technologies Health Indicators

Trailing Annual Dividend Rate2.40
Float Shares103.95M
Average Daily Volume Last 10 Day114.58k
Average Daily Volume In Three Month119.49k
Trailing Annual Dividend Yield1.10%
Please see also Stocks Correlation. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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