NITTA Probability of Target Price Finishing Over Current Price

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NITTAGELA -- India Stock  

INR 110.75  1.15  1.05%

NITTA GELATIN probability of target price tool provides mechanism to make assumptions about upside and downside potential of NITTA GELATIN INDIA performance during a given time horizon utilizing its historical volatility.

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Please specify NITTA GELATIN time horizon, a valid symbol (red box) and a target price (blue box) you would like NITTA GELATIN odds to be computed. Additionally, see NITTA GELATIN Backtesting, NITTA GELATIN Valuation, NITTA GELATIN Correlation, NITTA GELATIN Hype Analysis, NITTA GELATIN Volatility, NITTA GELATIN History as well as NITTA GELATIN Performance.
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NITTA GELATIN Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 110.75 30 days 110.75 
about 29.95
Based on a normal probability distribution, the odds of NITTA GELATIN to move above the current price in 30 days from now is about 29.95 (This NITTA GELATIN INDIA probability density function shows the probability of NITTA GELATIN Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, NITTA GELATIN has a beta of 0.8. This indicates as returns on the market go up, NITTA GELATIN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NITTA GELATIN INDIA will be expected to be much smaller as well. Additionally The company has an alpha of 0.3266, implying that it can generate a 0.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
 NITTA GELATIN Price Density 
Alpha over DOW
Beta against DOW=0.80
Overall volatility
Information ratio =0.046978

NITTA GELATIN Alerts and Suggestions

NITTA GELATIN INDIA has very high historical volatility over the last 30 days
About 76.0% of the company outstanding shares are owned by corporate insiders

NITTA GELATINPrice Density Drivers

Trailing Annual Dividend Rate1.50
Float Shares2.28M
Average Daily Volume Last 10 Day1.51k
Average Daily Volume In Three Month2.68k
Trailing Annual Dividend Yield1.31%
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