|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 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
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