MRF (India) Probability of Target Price Finishing Over Current Price

MRF -- India Stock  

INR 55,190  1,118  1.99%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 55,190 30 days 55,190  ABOUT 99.0%
Based on normal probability distribution, the odds of MRF to move above current price in 30 days from now is about 99.0% (This MRF Limited probability density function shows the probability of MRF Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, MRF Limited has beta of -0.0211 indicating as returns on benchmark increase, returns on holding MRF are expected to decrease at a much smaller rate. During bear market, however, MRF 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. MRF Limited is significantly underperforming DOW.
 MRF Price Density 
      Price 
α
Alpha over DOW
=0.37
β
Beta against DOW=0.02
σ
Overall volatility
=3,990
Ir
Information ratio =0.27

MRF Alerts

MRF Alerts and Suggestions

MRF Limited generates negative expected return over the last 30 days
MRF Limited has accumulated 7.73 Billion in debt which can lead to volatile earnings
On February 14, 2019 MRF paid 3.0 per share dividend to its current shareholders
Latest headline from www.moneycontrol.com: Market Live Indices off days lows, Nifty below 10,900 metals, pharma stocks fall - Moneycontrol.com

Price Density Drivers

MRF Health Indicators

Trailing Annual Dividend Rate60.00
Float Shares2.55M
Average Daily Volume Last 10 Day307
Average Daily Volume In Three Month530
Trailing Annual Dividend Yield0.09%
Please see also MRF Backtesting, MRF Valuation, MRF Correlation, MRF Hype Analysis, MRF Volatility, MRF History as well as MRF Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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