Shahi Shipping (India) Probability of Target Price Finishing Over Current Price

    SHAHISHIP -- India Stock  

    INR 8.11  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.11 30 days 8.11  ABOUT 9.69%
    Based on normal probability distribution, the odds of Shahi Shipping to move above current price in 30 days from now is about 9.69% (This Shahi Shipping Limited probability density function shows the probability of Shahi Shipping Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Shahi Shipping Limited has beta of -3.4836 . This entails as returns on its benchmark rise, returns on holding Shahi Shipping Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Shahi Shipping is expected to outperform its benchmark. Additionally Shahi Shipping Limited has an alpha of 0.3426 implying that it can potentially generate 0.3426% excess return over DOW after adjusting for the inherited market risk (beta).
     Shahi Shipping Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.34
    β
    Beta against DOW=3.48
    σ
    Overall volatility
    =0.35
    Ir
    Information ratio =0.0037

    Current Sentiment - SHAHISHIP

    Shahi Shipping Limited Investor Sentiment

    Macroaxis portfolio users are evenly split in their outlook on investing in Shahi Shipping Limited. What is your outlook on investing in Shahi Shipping Limited? Are you bullish or bearish?
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    Price Density Drivers

    Shahi Shipping Health Indicators

    Float Shares3.02M
    Average Daily Volume Last 10 Day362
    Average Daily Volume In Three Month820
    Also please take a look at World Market Map. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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