Madhav Marbles (India) Probability of Target Price Finishing Over Current Price

    MADHAV -- India Stock  

    INR 41.00  0.65  1.56%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     41.00 30 days 41.00  ABOUT 92.41%
    Based on normal probability distribution, the odds of Madhav Marbles to move above current price in 30 days from now is about 92.41% (This Madhav Marbles and Granites Limited probability density function shows the probability of Madhav Marbles Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Madhav Marbles and Granites Limited has beta of -1.1923 indicating as returns on its benchmark rise, returns on holding Madhav Marbles and Granites Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Madhav Marbles is expected to outperform its benchmark. Additionally Madhav Marbles and Granites Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Madhav Marbles Price Density 
          Price 
    α
    Alpha over DOW
    =1
    β
    Beta against DOW=1.19
    σ
    Overall volatility
    =3.06
    Ir
    Information ratio =0.24

    Madhav Marbles Alerts

    Madhav Marbles Alerts and Suggestions

    Madhav Marbles and is not yet fully synchronised with the market data
    Madhav Marbles and has high likelihood to experience some financial distress in the next 2 years
    Please see also Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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