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

NHPC -- India Stock  

INR 23.90  0.70  3.02%

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 NHPC Backtesting, NHPC Valuation, NHPC Correlation, NHPC Hype Analysis, NHPC Volatility, NHPC History as well as NHPC Performance.
Horizon     30 Days    Login   to change
Symbol:
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NHPC Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds 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
 NHPC Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.43
β
Beta against DOW=0.32
σ
Overall volatility
=0.71
Ir
Information ratio =0.36

NHPC Alerts

NHPC Alerts and Suggestions

NHPC Limited generates negative expected return over the last 30 days
The company has 209.33 Billion in debt which may indicate that it relies heavily on debt financing
On September 11, 2018 NHPC paid 0.28 per share dividend to its current shareholders
Latest headline from zeelandpress.com: NHPC Limited Crawls 0.79 percent Higher For The Week
Please see also NHPC Backtesting, NHPC Valuation, NHPC Correlation, NHPC Hype Analysis, NHPC Volatility, NHPC History as well as NHPC Performance. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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