PIL ITALICA (India) Probability of Target Price Finishing Over Current Price

PILITA -- India Stock  

INR 8.59  0.36  4.02%

PIL ITALICA probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIL ITALICA LIFESTYLE LIMITED performance during a given time horizon utilizing its historical volatility. Please specify PIL ITALICA time horizon, a valid symbol (red box) and a target price (blue box) you would like PIL ITALICA odds to be computed. Additionally take a look at PIL ITALICA Backtesting, PIL ITALICA Valuation, PIL ITALICA Correlation, PIL ITALICA Hype Analysis, PIL ITALICA Volatility, PIL ITALICA History as well as PIL ITALICA Performance.
Horizon     30 Days    Login   to change
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PIL ITALICA Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 8.59 30 days 8.59  OVER 95.17%
Based on normal probability distribution, the odds of PIL ITALICA to move above current price in 30 days from now is over 95.17% (This PIL ITALICA LIFESTYLE LIMITED probability density function shows the probability of PIL ITALICA Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, PIL ITALICA has beta of 0.1492 . This implies as returns on market go up, PIL ITALICA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIL ITALICA LIFESTYLE LIMITED will be expected to be much smaller as well. Additionally PIL ITALICA LIFESTYLE LIMITED has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 PIL ITALICA Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.2
β
Beta against DOW=0.15
σ
Overall volatility
=0.14
Ir
Information ratio =0.19

PIL ITALICA Alerts

PIL ITALICA Alerts and Suggestions

PIL ITALICA generates negative expected return over the last 30 days
N/A has accumulated about 19.53 M in cash with (246.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Additionally take a look at PIL ITALICA Backtesting, PIL ITALICA Valuation, PIL ITALICA Correlation, PIL ITALICA Hype Analysis, PIL ITALICA Volatility, PIL ITALICA History as well as PIL ITALICA Performance. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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