|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.19 ||30 days|| 0.19 || ABOUT 58.45%|
Based on normal probability distribution, the odds of Raj Rayon to move above current price in 30 days from now is about 58.45% (This Raj Rayon Industries Limited probability density function shows the probability of Raj Rayon Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Raj Rayon Industries Limited has beta of -0.0037 . This implies as returns on benchmark increase, returns on holding Raj Rayon are expected to decrease at a much smaller rate. During bear market, however, Raj Rayon Industries Limited is likely to outperform the market. Additionally Raj Rayon Industries Limited has an alpha of 0.0017 implying that it can potentially generate 0.0017% excess return over DOW after adjusting for the inherited market risk (beta).