SATIA Probability of Target Price Finishing Over Current Price

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SATIA -- India Stock  

INR 77.70  3.95  5.36%

SATIA INDUSTRIES probability of target price tool provides mechanism to make assumptions about upside and downside potential of SATIA INDUSTRIES LIMITED performance during a given time horizon utilizing its historical volatility.

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Please specify SATIA INDUSTRIES time horizon, a valid symbol (red box) and a target price (blue box) you would like SATIA INDUSTRIES odds to be computed. Additionally, take a look at SATIA INDUSTRIES Backtesting, SATIA INDUSTRIES Valuation, SATIA INDUSTRIES Correlation, SATIA INDUSTRIES Hype Analysis, SATIA INDUSTRIES Volatility, SATIA INDUSTRIES History as well as SATIA INDUSTRIES Performance.
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SATIA INDUSTRIES Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 77.70 30 days 77.70 
about 56.14
Based on normal probability distribution, the odds of SATIA INDUSTRIES to move above current price in 30 days from now is about 56.14 (This SATIA INDUSTRIES LIMITED probability density function shows the probability of SATIA INDUSTRIES Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SATIA INDUSTRIES LIMITED has beta of -0.3529 . This entails as returns on benchmark increase, returns on holding SATIA INDUSTRIES are expected to decrease at a much smaller rate. During bear market, however, SATIA INDUSTRIES LIMITED is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SATIA INDUSTRIES is significantly underperforming DOW.
 SATIA INDUSTRIES Price Density 
      Price 
α
Alpha over DOW
=-0.1
β
Beta against DOW=-0.35
σ
Overall volatility
=12.88
Ir
Information ratio =-0.02

SATIA INDUSTRIES Alerts and Suggestions

SATIA INDUSTRIES generates negative expected return over the last 30 days
SATIA INDUSTRIES has high historical volatility and very poor performance

SATIA INDUSTRIESPrice Density Drivers

Trailing Annual Dividend Rate0.30
Float Shares23.41M
Average Daily Volume Last 10 Day398
Average Daily Volume In Three Month4.68k
Trailing Annual Dividend Yield0.41%
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