|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 180.80 ||30 days|| 180.80 || ABOUT 5.53%|
Based on normal probability distribution, the odds of Munjal Showa to move above current price in 30 days from now is about 5.53% (This Munjal Showa Limited probability density function shows the probability of Munjal Showa Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Munjal Showa has beta of 0.0 indicating unless we do not have required data, the returns on DOW and Munjal Showa are completely uncorrelated. Additionally Munjal Showa LimitedIt does not look like Munjal Showa alpha can have any bearing on the equity current valuation.
Munjal Showa Price Density