|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 65,785 ||30 days|| 65,785 || ABOUT 15.68%|
Based on normal probability distribution, the odds of MRF to move above current price in 30 days from now is about 15.68% (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 -0.1523 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 an alpha of 0.1446 implying that it can potentially generate 0.1446% excess return over DOW after adjusting for the inherited market risk (beta).