Munjal Showa (India) Probability of Target Price Finishing Over Current Price

    MUNJALSHO -- India Stock  

    null 180.80  0.00  0.00%

    Munjal Showa probability of target price tool provides mechanism to make assumptions about upside and downside potential of Munjal Showa Limited performance during a given time horizon utilizing its historical volatility. Please specify Munjal Showa time horizon, a valid symbol (red box) and a target price (blue box) you would like Munjal Showa odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    Munjal Showa Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =82.42
    Ir
    Information ratio =0.00

    Current Sentiment - MUNJALSHO

    Munjal Showa Limited Investor Sentiment

    Most of Macroaxis users are now bullish on Munjal Showa Limited. What is your trading attitude regarding investing in Munjal Showa Limited? Are you bullish or bearish?
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