Market Creators (India) Probability of Target Price Finishing Over Current Price

MKTCREAT -- India Stock  

INR 4.43  0.23  4.94%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 4.43 30 days 4.43  ABOUT 14.59%
Based on normal probability distribution, the odds of Market Creators to move above current price in 30 days from now is about 14.59% (This Market Creators Limited probability density function shows the probability of Market Creators Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Market Creators Limited has beta of -0.2618 indicating as returns on benchmark increase, returns on holding Market Creators are expected to decrease at a much smaller rate. During bear market, however, Market Creators Limited is likely to outperform the market. Additionally Market Creators Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Market Creators Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.22
β
Beta against DOW=0.26
σ
Overall volatility
=2.37
Ir
Information ratio =0.28

Market Creators Alerts

Market Creators Alerts and Suggestions

Market Creators generates negative expected return over the last 30 days
Market Creators has high likelihood to experience some financial distress in the next 2 years
Please see also Market Creators Backtesting, Market Creators Valuation, Market Creators Correlation, Market Creators Hype Analysis, Market Creators Volatility, Market Creators History as well as Market Creators Performance. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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