State Bank (India) Probability of Target Price Finishing Over Current Price

SBBJ -- India Stock  

INR 768.15  3.70  0.48%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 768.15 30 days 768.15  ABOUT 5.59%
Based on normal probability distribution, the odds of State Bank to move above current price in 30 days from now is about 5.59% (This State Bank of Bikaner Jaipur probability density function shows the probability of State Bank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, State Bank has beta of 0.0932 . This entails as returns on market go up, State Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding State Bank of Bikaner Jaipur will be expected to be much smaller as well. Additionally State Bank of Bikaner Jaipur has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 State Bank Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.04
β
Beta against DOW=0.09
σ
Overall volatility
=351.00
Ir
Information ratio =0.53

State Bank Alerts

State Bank Alerts and Suggestions

The company reported revenue of 21.12 B. Net Loss for the year was (323.1 M) with profit before overhead, payroll, taxes, and interest of 33.52 B.
STATE BANK OF BIK has accumulated about 47.72 B in cash with (74.86 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 681.63.
Also please take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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