|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 23.90 ||30 days|| 23.90 || ABOUT 92.45%|
Based on normal probability distribution, the odds of NHPC to move above current price in 30 days from now is about 92.45% (This NHPC Limited probability density function shows the probability of NHPC Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, NHPC Limited has beta of -0.3155 indicating as returns on benchmark increase, returns on holding NHPC are expected to decrease at a much smaller rate. During bear market, however, NHPC Limited is likely to outperform the market. Additionally NHPC 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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