PENNAR ALUMINIUM (India) Probability of Target Price Finishing Over Current Price |
| PENNARALUM -- India Stock | INR 0.20 0.00 0.00% |
PENNAR ALUMINIUM probability of target price tool provides mechanism to make assumptions about upside and downside potential of PENNAR ALUMINIUM LTD performance during a given time horizon utilizing its historical volatility. Please specify PENNAR ALUMINIUM time horizon, a valid symbol (red box) and a target price (blue box) you would like PENNAR ALUMINIUM odds to be computed. Additionally take a look at Your Equity Center.
| Horizon | 30 Days Login to change |
| Symbol: | Refresh Odds |
PENNAR ALUMINIUM Target Price Odds to finish over
| 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 |
α | Alpha over DOW | = | 0.00 | |
β | Beta against DOW | = | 0.00 | |
σ | Overall volatility | = | 0.1 | |
Ir | Information ratio | = | 0.00 |
PENNAR ALUMINIUM Technical Analysis
PENNAR ALUMINIUM Predictive Forecast Models
PENNAR ALUMINIUM Alerts
PENNAR ALUMINIUM Alerts and Suggestions
| PENNAR ALUMINIUM LTD has some characteristics of a very speculative penny stock | |
| PENNAR ALUMINIUM LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported revenue of . Net Loss for the year was (1.56 M). |
Additionally take a look at Your Equity Center. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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