|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 6,026 ||30 days|| 6,026 || ABOUT 66.02%|
Based on normal probability distribution, the odds of Rimoni Industries to move above current price in 30 days from now is about 66.02% (This Rimoni Industries Ltd probability density function shows the probability of Rimoni Industries Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Rimoni Industries has beta of 0.1938 . This implies as returns on market go up, Rimoni Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Rimoni Industries Ltd will be expected to be much smaller as well. Additionally Rimoni Industries Ltd has an alpha of 0.0063 implying that it can potentially generate 0.0063% excess return over DOW after adjusting for the inherited market risk (beta).
Rimoni Industries Price Density
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|Current Price || ||Target Price || |