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SKIPPER LTD (India) Probability of Target Price Finishing Over Current Price

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SKIPPER -- India Stock  

INR 38.05  0.15  0.39%

SKIPPER LTD probability of target price tool provides mechanism to make assumptions about upside and downside potential of SKIPPER LTD performance during a given time horizon utilizing its historical volatility. Please specify SKIPPER LTD time horizon, a valid symbol (red box) and a target price (blue box) you would like SKIPPER LTD odds to be computed. Additionally take a look at SKIPPER LTD Backtesting, SKIPPER LTD Valuation, SKIPPER LTD Correlation, SKIPPER LTD Hype Analysis, SKIPPER LTD Volatility, SKIPPER LTD History as well as SKIPPER LTD Performance.
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SKIPPER LTD Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 38.05 30 days 38.05 
close to 99
Based on normal probability distribution, the odds of SKIPPER LTD to move above current price in 30 days from now is close to 99 (This SKIPPER LTD probability density function shows the probability of SKIPPER LTD Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SKIPPER LTD has beta of -0.2358 . This entails as returns on benchmark increase, returns on holding SKIPPER LTD are expected to decrease at a much smaller rate. During bear market, however, SKIPPER LTD is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SKIPPER LTD is significantly underperforming DOW.
 SKIPPER LTD Price Density 
    
  Price 
α
Alpha over DOW
=0.47
β
Beta against DOW=0.24
σ
Overall volatility
=4.10
Ir
Information ratio =0.21

SKIPPER LTD Alerts and Suggestions

SKIPPER LTD generates negative expected return over the last 30 days
SKIPPER LTD has high historical volatility and very poor performance
SKIPPER LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations

SKIPPER LTDPrice Density Drivers

Trailing Annual Dividend Rate0.25
Float Shares26.46M
Average Daily Volume Last 10 Day202.32k
Average Daily Volume In Three Month116.83k
Trailing Annual Dividend Yield0.69%