NHPC (India) Probability of Target Price Finishing Over Current Price

NHPC -- India Stock  

INR 26.30  1.50  6.05%

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

NHPC Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 26.30 30 days 26.30  NEAR 1%
Based on normal probability distribution, the odds of NHPC to move above current price in 30 days from now is near 1% (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 -0.1488 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 an alpha of 0.6316 implying that it can potentially generate 0.6316% excess return over DOW after adjusting for the inherited market risk (beta).
 NHPC Price Density 
      Price 
α
Alpha over DOW
=0.63
β
Beta against DOW=0.15
σ
Overall volatility
=0.76
Ir
Information ratio =0.30

NHPC Alerts

NHPC Alerts and Suggestions

NHPC Limited is not yet fully synchronised with the market data
The company has 209.33 Billion in debt which may indicate that it relies heavily on debt financing
Latest headline from simplywall.st: Does NHPC Limiteds Past Performance Indicate A Weaker Future

Price Density Drivers

NHPC Health Indicators

Trailing Annual Dividend Rate1.40
Float Shares2.7B
Average Daily Volume Last 10 Day233.09k
Average Daily Volume In Three Month304.63k
Trailing Annual Dividend Yield5.32%
Please see also Stocks Correlation. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Search macroaxis.com