|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 66,112 ||30 days|| 66,112 || ABOUT 6.14%|
Based on normal probability distribution, the odds of MRF to move above current price in 30 days from now is about 6.14% (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 has beta of 0.2246 indicating as returns on market go up, MRF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MRF Limited will be expected to be much smaller as well. Additionally MRF Limited has an alpha of 0.2976 implying that it can potentially generate 0.2976% excess return over DOW after adjusting for the inherited market risk (beta).