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

KPIT -- India Stock  

INR 96.95  0.25  0.26%

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
 96.95 30 days 96.95  ABOUT 76.62%
Based on normal probability distribution, the odds of KPIT Technologies to move above current price in 30 days from now is about 76.62% (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, the stock has beta coefficient of 1.2373 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, KPIT Technologies will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. KPIT Technologies is significantly underperforming DOW.
 KPIT Technologies Price Density 
      Price 
α
Alpha over DOW
=1.38
β
Beta against DOW=1.24
σ
Overall volatility
=41.69
Ir
Information ratio =0.2

KPIT Technologies Alerts and Suggestions

KPIT Technologies is not yet fully synchronised with the market data

KPIT TechnologiesPrice Density Drivers

Trailing Annual Dividend Rate2.40
Float Shares104.27M
Average Daily Volume Last 10 Day492.57k
Average Daily Volume In Three Month506.63k
Trailing Annual Dividend Yield2.22%
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