|Current Price||Horizon||Target Price||Odds 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
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|Current Price || ||Target Price || |