Sri Adhikari (India) Probability of Target Price Finishing Over Current Price

SABTN -- India Stock  

INR 6.75  0.05  0.74%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 6.75 30 days 6.75  ABOUT 91.3%
Based on normal probability distribution, the odds of Sri Adhikari to move above current price in 30 days from now is about 91.3% (This Sri Adhikari Brothers Television Network Limited probability density function shows the probability of Sri Adhikari Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the stock has beta coefficient of 1.0404 . This entails Sri Adhikari Brothers Television Network Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Sri Adhikari is expected to follow. Additionally Sri Adhikari Brothers Television Network Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Sri Adhikari Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.51
β
Beta against DOW=1.04
σ
Overall volatility
=0.38
Ir
Information ratio =0.12

Sri Adhikari Alerts

Sri Adhikari Alerts and Suggestions

Sri Adhikari generates negative expected return over the last 30 days
Sri Adhikari has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 537.79 M in total debt with debt to equity ratio (D/E) of 39.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sri Adhikari Brothers Television Network Limited has Current Ratio of 0.14 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 574.86 M. Net Loss for the year was (527.47 M) with profit before overhead, payroll, taxes, and interest of 9.2 M.
Also please take a look at Sri Adhikari Backtesting, Sri Adhikari Valuation, Sri Adhikari Correlation, Sri Adhikari Hype Analysis, Sri Adhikari Volatility, Sri Adhikari History as well as Sri Adhikari Performance. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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