RPG Life (India) Probability of Target Price Finishing Over Current Price

RPGLIFE -- India Stock  

INR 297.20  46.30  18.45%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 297.20 30 days 297.20  ABOUT 69.69%
Based on normal probability distribution, the odds of RPG Life to move above current price in 30 days from now is about 69.69% (This RPG Life Sciences Limited probability density function shows the probability of RPG Life Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, RPG Life Sciences Limited has beta of -0.0349 . This implies as returns on benchmark increase, returns on holding RPG Life are expected to decrease at a much smaller rate. During bear market, however, RPG Life Sciences Limited is likely to outperform the market. Additionally RPG Life Sciences Limited has an alpha of 0.4432 implying that it can potentially generate 0.4432% excess return over DOW after adjusting for the inherited market risk (beta).
 RPG Life Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.44
β
Beta against DOW=0.03
σ
Overall volatility
=21.65
Ir
Information ratio =0.05

RPG Life Alerts

RPG Life Alerts and Suggestions

RPG Life Sciences generates negative expected return over the last 30 days
RPG Life Sciences has high historical volatility and very poor performance

Price Density Drivers

RPG Life Health Indicators

Trailing Annual Dividend Rate2.40
Float Shares4.22M
Average Daily Volume Last 10 Day40.59k
Average Daily Volume In Three Month37.89k
Trailing Annual Dividend Yield0.83%
Additionally take a look at RPG Life Backtesting, RPG Life Valuation, RPG Life Correlation, RPG Life Hype Analysis, RPG Life Volatility, RPG Life History as well as RPG Life Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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