Prime Industries (India) Probability of Target Price Finishing Over Current Price

PRIMIND -- India Stock  

INR 1.14  0.00  0.00%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.14 30 days 1.14  ABOUT 62.13%
Based on normal probability distribution, the odds of Prime Industries to move above current price in 30 days from now is about 62.13% (This Prime Industries Ltd probability density function shows the probability of Prime Industries Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Prime Industries has beta of 0.0 . This implies unless we do not have required data, the returns on DOW and Prime Industries are completely uncorrelated. Additionally Prime Industries LtdIt does not look like Prime Industries alpha can have any bearing on the equity current valuation.
 Prime Industries Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.017655
Ir
Information ratio =0.00

Prime Industries Alerts

Prime Industries Alerts and Suggestions

Prime Industries generates negative expected return over the last 30 days
Prime Industries may become a speculative penny stock
Prime Industries has high likelihood to experience some financial distress in the next 2 years
Prime Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 159.99 M in total debt with debt to equity ratio (D/E) of 198.4 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prime Industries Ltd has Current Ratio of 0.85 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 6.66 M. Net Loss for the year was (143 K) with profit before overhead, payroll, taxes, and interest of 4.37 M.
Latest headline from pressoracle.com: Kornit Digital Ltd Expected to Post Earnings of 0.11 Per Share
Additionally take a look at Prime Industries Backtesting, Prime Industries Valuation, Prime Industries Correlation, Prime Industries Hype Analysis, Prime Industries Volatility, Prime Industries History as well as Prime Industries Performance. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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