|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.20 ||30 days|| 0.20 || ABOUT 25.23%|
Based on normal probability distribution, the odds of PENNAR ALUMINIUM to move above current price in 30 days from now is about 25.23% (This PENNAR ALUMINIUM LTD probability density function shows the probability of PENNAR ALUMINIUM Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, PENNAR ALUMINIUM has beta of 0.0 . This implies unless we do not have required data, the returns on DOW and PENNAR ALUMINIUM are completely uncorrelated. Additionally PENNAR ALUMINIUM LTDIt does not look like PENNAR ALUMINIUM alpha can have any bearing on the equity current valuation.
PENNAR ALUMINIUM Price Density
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|Current Price || ||Target Price || |