MODERN Probability of Target Price Finishing Over Current Price

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MODERN -- India Stock  

INR 38.00  0.00  0.00%

MODERN INDIA probability of target price tool provides mechanism to make assumptions about upside and downside potential of MODERN INDIA LTD performance during a given time horizon utilizing its historical volatility.

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Please specify MODERN INDIA time horizon, a valid symbol (red box) and a target price (blue box) you would like MODERN INDIA odds to be computed. Additionally, see Stocks Correlation.
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MODERN INDIA Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 38.00 30 days 38.00 
about 82.09
Based on normal probability distribution, the odds of MODERN INDIA to move above current price in 30 days from now is about 82.09 (This MODERN INDIA LTD probability density function shows the probability of MODERN INDIA Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, MODERN INDIA has beta of 0.1898 indicating as returns on market go up, MODERN INDIA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MODERN INDIA LTD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. MODERN INDIA LTD is significantly underperforming DOW.
 MODERN INDIA Price Density 
Alpha over DOW
Beta against DOW=0.19
Overall volatility
Information ratio =-0.14

MODERN INDIA Alerts and Suggestions

MODERN INDIA LTD is not yet fully synchronised with the market data
MODERN INDIA LTD generates negative expected return over the last 30 days
MODERN INDIA LTD has high historical volatility and very poor performance
The company reported revenue of 2.06 B. Net Loss for the year was (41.06 M) with profit before overhead, payroll, taxes, and interest of 291.91 M.

MODERN INDIAPrice Density Drivers

Trailing Annual Dividend Rate0.24
Float Shares7.6M
Average Daily Volume Last 10 Day43
Average Daily Volume In Three Month991
Trailing Annual Dividend Yield0.60%
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