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

SABTN -- India Stock  

INR 4.25  0.00  0.00%

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 World Market Map.
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
 4.25 30 days 4.25  CLOSE TO 99%
Based on normal probability distribution, the odds of Sri Adhikari to move above current price in 30 days from now is close to 99% (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, Sri Adhikari has beta of 0.0599 . This entails as returns on market go up, Sri Adhikari average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sri Adhikari Brothers Television Network Limited will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Sri Adhikari Brothers is significantly underperforming DOW.
 Sri Adhikari Price Density 
      Price 
α
Alpha over DOW
=0.86
β
Beta against DOW=0.06
σ
Overall volatility
=0.34
Ir
Information ratio =0.3

Sri Adhikari Alerts

Sri Adhikari Alerts and Suggestions

Sri Adhikari is not yet fully synchronised with the market data
Sri Adhikari generates negative expected return over the last 30 days
Sri Adhikari has high historical volatility and very poor performance
Sri Adhikari has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 537.79M 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 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.
The entity reported revenue of 574.86M. Net Loss for the year was (527.47M) with profit before overhead, payroll, taxes, and interest of 2.96M.

Price Density Drivers

Sri Adhikari Health Indicators

Trailing Annual Dividend Rate0.60
Float Shares19.52M
Average Daily Volume Last 10 Day29.07k
Average Daily Volume In Three Month20.74k
Trailing Annual Dividend Yield10.62%
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