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

MKTCREAT -- India Stock  

INR 4.21  0.00  0.00%

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 Stocks Correlation.
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
 4.21 30 days 4.21  ABOUT 29.49%
Based on normal probability distribution, the odds of Market Creators to move above current price in 30 days from now is about 29.49% (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 -0.0466 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Market Creators is significantly underperforming DOW.
 Market Creators Price Density 
      Price 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.05
σ
Overall volatility
=2.04
Ir
Information ratio =0.26

Market Creators Alerts

Market Creators Alerts and Suggestions

Market Creators is not yet fully synchronised with the market data
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
The company reported revenue of 52.55M. Net Loss for the year was (4.13M) with profit before overhead, payroll, taxes, and interest of 58.72M.

Price Density Drivers

Market Creators Health Indicators

Float Shares3.6M
Average Daily Volume In Three Month8
Please see also Stocks Correlation. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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