SOBHAGYA MERCHANTILE (India) Probability of Target Price Finishing Over Current Price

    SOBME -- India Stock  

    INR 1.57  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.57 30 days 1.57  ABOUT 26.73%
    Based on normal probability distribution, the odds of SOBHAGYA MERCHANTILE to move above current price in 30 days from now is about 26.73% (This SOBHAGYA MERCHANTILE LTD probability density function shows the probability of SOBHAGYA MERCHANTILE Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SOBHAGYA MERCHANTILE has beta of 0.0 . This entails the returns on DOW and SOBHAGYA MERCHANTILE appear completely uncorrelated. Additionally SOBHAGYA MERCHANTILE LTDIt does not look like SOBHAGYA MERCHANTILE alpha can have any bearing on the equity current valuation.
     SOBHAGYA MERCHANTILE Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.72
    Ir
    Information ratio =0.00

    SOBHAGYA MERCHANTILE Alerts

    SOBHAGYA MERCHANTILE Alerts and Suggestions

    SOBHAGYA MERCHANTILE is not yet fully synchronised with the market data
    SOBHAGYA MERCHANTILE generates negative expected return over the last 30 days
    SOBHAGYA MERCHANTILE may become a speculative penny stock
    Also please take a look at World Market Map. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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