Sandur Manganese (India) Probability of Target Price Finishing Over Current Price

SANDUMA -- India Stock  

INR 959.95  3.65  0.38%

Sandur Manganese probability of target price tool provides mechanism to make assumptions about upside and downside potential of The Sandur Manganese Iron Ores Limited performance during a given time horizon utilizing its historical volatility. Please specify Sandur Manganese time horizon, a valid symbol (red box) and a target price (blue box) you would like Sandur Manganese odds to be computed. Also please take a look at World Market Map.
Horizon     30 Days    Login   to change
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Sandur Manganese Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 959.95 30 days 959.95  ABOUT 77.8%
Based on normal probability distribution, the odds of Sandur Manganese to move above current price in 30 days from now is about 77.8% (This The Sandur Manganese Iron Ores Limited probability density function shows the probability of Sandur Manganese Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Sandur Manganese has beta of 0.0216 . This entails as returns on market go up, Sandur Manganese average returns are expected to increase less than the benchmark. However during bear market, the loss on holding The Sandur Manganese Iron Ores 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. Sandur Manganese is significantly underperforming DOW.
 Sandur Manganese Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.0216
σ
Overall volatility
=56.64
Ir
Information ratio =0.1

Sandur Manganese Alerts

Sandur Manganese Alerts and Suggestions

Sandur Manganese is not yet fully synchronised with the market data
Sandur Manganese generates negative expected return over the last 30 days
Sandur Manganese has high historical volatility and very poor performance

Price Density Drivers

Sandur Manganese Health Indicators

Trailing Annual Dividend Rate7.00
Float Shares1.82M
Average Daily Volume Last 10 Day5.57k
Average Daily Volume In Three Month3.65k
Trailing Annual Dividend Yield0.70%
Also please take a look at World Market Map. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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