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

PILITA -- India Stock  

INR 5.60  0.22  3.78%

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 Your Equity Center.
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
 5.60 30 days 5.60  ABOUT 65.87%
Based on normal probability distribution, the odds of PIL ITALICA to move above current price in 30 days from now is about 65.87% (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 LIFESTYLE LIMITED has beta of -0.2285 . This implies as returns on benchmark increase, returns on holding PIL ITALICA are expected to decrease at a much smaller rate. During bear market, however, PIL ITALICA LIFESTYLE LIMITED is likely to outperform the market. 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 
      Price 
α
Alpha over DOW
=0.85
β
Beta against DOW=0.23
σ
Overall volatility
=2.02
Ir
Information ratio =0.18

PIL ITALICA Alerts

PIL ITALICA Alerts and Suggestions

PIL ITALICA is not yet fully synchronised with the market data
N/A has accumulated about 19.53M in cash with (246.53M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.

Price Density Drivers

PIL ITALICA Health Indicators

Float Shares56.96M
Average Daily Volume Last 10 Day29.81k
Average Daily Volume In Three Month25.62k
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