|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.19 ||30 days|| 0.19 || ABOUT 27.73%|
Based on normal probability distribution, the odds of PENNAR ALUMINIUM to move above current price in 30 days from now is about 27.73% (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 0.1922 . This implies as returns on market go up, PENNAR ALUMINIUM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PENNAR ALUMINIUM LTD will be expected to be much smaller as well. Additionally PENNAR ALUMINIUM LTD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
PENNAR ALUMINIUM Price Density