|Horizon||30 Days Login to change|
Sri Chakra Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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 has beta of 0.9179 . This entails Sri Chakra Cement Limited market returns are sensitive to returns on the market. As the market goes up or down, Sri Chakra is expected to follow. In addition to that The company has an alpha of 9.5324 implying that it can potentially generate 9.5324% excess return over DOW after adjusting for the inherited market risk (beta).
Sri Chakra Price Density
|Alpha over DOW||=||9.53|
|Beta against DOW||=||0.92|