Sri Chakra (India) Probability of Target Price Finishing Over Current Price

    SRICC -- India Stock  

    INR 6.67  0.00333  0.0499%

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

    Sri Chakra Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6.67 30 days 6.67  NEAR 1%
    Based on normal probability distribution, the odds of Sri Chakra to move above current price in 30 days from now is near 1% (This Sri Chakra Cement Limited probability density function shows the probability of Sri Chakra Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sri Chakra Cement Limited has beta of -27.4115 . This entails as returns on its benchmark rise, returns on holding Sri Chakra Cement Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sri Chakra is expected to outperform its benchmark. In addition to that Sri Chakra Cement Limited has an alpha of 13.3658 implying that it can potentially generate 13.3658% excess return over DOW after adjusting for the inherited market risk (beta).
     Sri Chakra Price Density 
          Price 
    α
    Alpha over DOW
    =13.37
    β
    Beta against DOW=27.41
    σ
    Overall volatility
    =1.63
    Ir
    Information ratio =0.26

    Sri Chakra Alerts

    Sri Chakra Alerts and Suggestions

    Sri Chakra Cement is not yet fully synchronised with the market data
    Also please take a look at World Market Map. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
    Search macroaxis.com