Solegreen Ltd probability of target price tool provides mechanism to make assumptions about upside and downside potential of Solegreen Ltd performance during a given time horizon utilizing its historical volatility. Please specify Solegreen Ltd time horizon, a valid symbol (red box) and a target price (blue box) you would like Solegreen Ltd odds to be computed. Also please take a look at World Market Map.
|Horizon||30 Days Login to change|
Solegreen Ltd Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|894.20||30 days||894.20||ABOUT 39.68%|
Based on normal probability distribution, the odds of Solegreen Ltd to move above current price in 30 days from now is about 39.68% (This Solegreen Ltd probability density function shows the probability of Solegreen Ltd Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Solegreen Ltd has beta of -0.2026 . This entails as returns on benchmark increase, returns on holding Solegreen Ltd are expected to decrease at a much smaller rate. During bear market, however, Solegreen Ltd is likely to outperform the market. Additionally Solegreen Ltd has an alpha of 0.0651 implying that it can potentially generate 0.0651% excess return over DOW after adjusting for the inherited market risk (beta).
Solegreen Ltd Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.2|
|Trailing Annual Dividend Rate||1.00|
|Average Daily Volume Last 10 Day||1.18k|
|Average Daily Volume In Three Month||1.43k|
|Trailing Annual Dividend Yield||0.11%|