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
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PENNAR ALUMINIUM Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.1
Ir
Information ratio =0.00

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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