Saras Raffinerie Probability of Target Price Finishing Over 7.25

SAAFY -- USA Stock  

USD 7.75  0.00  0.00%

Saras Raffinerie probability of target price tool provides mechanism to make assumptions about upside and downside potential of Saras Raffinerie Sarde Spa ADR performance during a given time horizon utilizing its historical volatility. Please specify Saras Raffinerie time horizon, a valid symbol (red box) and a target price (blue box) you would like Saras Raffinerie odds to be computed. Also please take a look at Saras Raffinerie Backtesting, Saras Raffinerie Valuation, Saras Raffinerie Correlation, Saras Raffinerie Hype Analysis, Saras Raffinerie Volatility, Saras Raffinerie History as well as Saras Raffinerie Performance.
Horizon     30 Days    Login   to change
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Saras Raffinerie Target Price Odds to finish over 7.25

Current PriceHorizonTarget PriceOdds to stay above $ 7.25  in 30 days
 7.75 30 days 7.25 
ABOUT 72.95%
Based on normal probability distribution, the odds of Saras Raffinerie to stay above $ 7.25  in 30 days from now is about 72.95% (This Saras Raffinerie Sarde Spa ADR probability density function shows the probability of Saras Raffinerie OTC Stock to fall within a particular range of prices over 30 days) . Probability of Saras Raffinerie Sarde price to stay between $ 7.25  and its current price of $7.75 at the end of the 30-day period is about 70.31%.
Assuming 30 trading days horizon, Saras Raffinerie has beta of 0.0074 . This entails as returns on market go up, Saras Raffinerie average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Saras Raffinerie Sarde Spa ADR will be expected to be much smaller as well. Additionally The company has an alpha of 0.017 implying that it can potentially generate 0.017% excess return over DOW after adjusting for the inherited market risk (beta).
 Saras Raffinerie Price Density 
      Price 
α
Alpha over DOW
=0.017002
β
Beta against DOW=0.0074
σ
Overall volatility
=0.20
Ir
Information ratio =0.0026

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Saras RaffineriePrice Density Drivers

Float Shares113.41M
Average Daily Volume Last 10 Day200
Average Daily Volume In Three Month26
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