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

KPIT -- India Stock  

INR 275.20  3.00  1.08%

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 KPIT Technologies Backtesting, KPIT Technologies Valuation, KPIT Technologies Correlation, KPIT Technologies Hype Analysis, KPIT Technologies Volatility, KPIT Technologies History as well as KPIT Technologies Performance.
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
 275.20 30 days 275.20  ABOUT 98.0%
Based on normal probability distribution, the odds of KPIT Technologies to move above current price in 30 days from now is about 98.0% (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 -0.2117 indicating as returns on benchmark increase, returns on holding KPIT Technologies are expected to decrease at a much smaller rate. During bear market, however, KPIT Technologies Limited is likely to outperform the market. 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.21
β
Beta against DOW=0.21
σ
Overall volatility
=10.63
Ir
Information ratio =0.29

KPIT Technologies Alerts

KPIT Technologies Alerts and Suggestions

KPIT Technologies generates negative expected return over the last 30 days
Please see also KPIT Technologies Backtesting, KPIT Technologies Valuation, KPIT Technologies Correlation, KPIT Technologies Hype Analysis, KPIT Technologies Volatility, KPIT Technologies History as well as KPIT Technologies Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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