SELAN Probability of Target Price Finishing Over Current Price

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SELAN -- India Stock  

INR 103.80  1.40  1.37%

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

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SELAN EXPLORATION Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 103.80 30 days 103.80 
about 8.08
Based on a normal probability distribution, the odds of SELAN EXPLORATION to move above the current price in 30 days from now is about 8.08 (This SELAN EXPLORATION TECHNOLOGY probability density function shows the probability of SELAN EXPLORATION Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, SELAN EXPLORATION TECHNOLOGY has a beta of -0.2398. This usually implies as returns on benchmark increase, returns on holding SELAN EXPLORATION are expected to decrease at a much lower rate. During the bear market, however, SELAN EXPLORATION TECHNOLOGY is likely to outperform the market. Additionally The company has an alpha of 0.6817, implying that it can generate a 0.68 percent excess return over DOW after adjusting for the inherited market risk (beta).
 SELAN EXPLORATION Price Density 
      Price 
α
Alpha over DOW
=0.68
β
Beta against DOW=-0.24
σ
Overall volatility
=12.69
Ir
Information ratio =0.11

SELAN EXPLORATION Alerts and Suggestions

SELAN EXPLORATION has very high historical volatility over the last 30 days
About 31.0% of the company outstanding shares are owned by corporate insiders

SELAN EXPLORATIONPrice Density Drivers

Trailing Annual Dividend Rate5.00
Float Shares9.43M
Average Daily Volume Last 10 Day4.7k
Average Daily Volume In Three Month2.17k
Trailing Annual Dividend Yield4.84%
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