Spicy Probability of Target Price Finishing Over Current Price

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SPICY -- India Stock  

INR 3.75  0.00  0.00%

Spicy Entertainment probability of target price tool provides mechanism to make assumptions about upside and downside potential of Spicy Entertainment And performance during a given time horizon utilizing its historical volatility.

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Please specify Spicy Entertainment time horizon, a valid symbol (red box) and a target price (blue box) you would like Spicy Entertainment odds to be computed. Additionally, take a look at Spicy Entertainment Backtesting, Spicy Entertainment Valuation, Spicy Entertainment Correlation, Spicy Entertainment Hype Analysis, Spicy Entertainment Volatility, Spicy Entertainment History as well as Spicy Entertainment Performance.
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Spicy Entertainment Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 3.75 30 days 3.75 
close to 99
Based on a normal probability distribution, the odds of Spicy Entertainment to move above the current price in 30 days from now is close to 99 (This Spicy Entertainment And probability density function shows the probability of Spicy Entertainment Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, Spicy Entertainment And has a beta of -0.0546. This usually implies as returns on benchmark increase, returns on holding Spicy Entertainment are expected to decrease at a much lower rate. During the bear market, however, Spicy Entertainment And 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. Spicy Entertainment And is significantly underperforming DOW.
 Spicy Entertainment Price Density 
      Price 
α
Alpha over DOW
=-0.37
β
Beta against DOW=-0.05
σ
Overall volatility
=0.17
Ir
Information ratio =-0.23

Spicy Entertainment Alerts and Suggestions

Spicy Entertainment generates negative expected return over the last 30 days
Spicy Entertainment has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (4.23 M) with profit before overhead, payroll, taxes, and interest of 3.04 M.
The company has accumulated about 883 K in cash with (677.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Roughly 48.0% of the company outstanding shares are owned by corporate insiders

Spicy EntertainmentPrice Density Drivers

Float Shares8.22M
Average Daily Volume Last 10 Day1.25k
Average Daily Volume In Three Month153
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