|Current Price||Horizon||Target Price||Odds 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 of Bikaner Jaipur has beta of -0.0686 . This entails as returns on benchmark increase, returns on holding State Bank are expected to decrease at a much smaller rate. During bear market, however, State Bank of Bikaner Jaipur is likely to outperform the market. 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