|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 66,791 ||30 days|| 66,791 || ABOUT 90.15%|
Based on normal probability distribution, the odds of MRF to move above current price in 30 days from now is about 90.15% (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 -0.606 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 MRF Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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