RAJ RAYON (India) Probability of Target Price Finishing Over 0.19

    RAJRAYON -- India Stock  

    INR 0.19  0.00  0.00%

    RAJ RAYON probability of target price tool provides mechanism to make assumptions about upside and downside potential of RAJ RAYON INDUSTRIES LIMITED performance during a given time horizon utilizing its historical volatility. Please specify RAJ RAYON time horizon, a valid symbol (red box) and a target price (blue box) you would like RAJ RAYON odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    RAJ RAYON Target Price Odds to finish over 0.19

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.19 30 days 0.19 
    ABOUT 30.81%
    Based on normal probability distribution, the odds of RAJ RAYON to move above current price in 30 days from now is about 30.81% (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 has beta of 0.0 . This implies the returns on DOW and RAJ RAYON do not appear to be very sensitive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
     RAJ RAYON Price Density 
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    RAJ RAYON Alerts and Suggestions

    RAJ RAYON INDUSTRIES is not yet fully synchronised with the market data
    RAJ RAYON INDUSTRIES generates negative expected return over the last 30 days
    RAJ RAYON INDUSTRIES has some characteristics of a very speculative penny stock
    RAJ RAYON INDUSTRIES has high likelihood to experience some financial distress in the next 2 years
    The company has accumulated 7.14B in total debt. RAJ RAYON INDUSTRIES has Current Ratio of 0.03 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
    The entity reported revenue of 184.2M. Net Loss for the year was (482.91M) with profit before overhead, payroll, taxes, and interest of 22.45M.

    RAJ RAYONPrice Density Drivers

    Float Shares93.87M
    Average Daily Volume Last 10 Day136
    Average Daily Volume In Three Month2.38k
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