SHRI RAM (India) Probability of Target Price Finishing Over Current Price

    SRIRAM-SM -- India Stock  

    INR 13.45  0.10  0.75%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.45 30 days 13.45  ABOUT 86.98%
    Based on normal probability distribution, the odds of SHRI RAM to move above current price in 30 days from now is about 86.98% (This SHRI RAM SWITCHGEA probability density function shows the probability of SHRI RAM Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SHRI RAM SWITCHGEA has beta of -2.3607 . This entails as returns on its benchmark rise, returns on holding SHRI RAM SWITCHGEA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SHRI RAM is expected to outperform its benchmark. Additionally SHRI RAM SWITCHGEA has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     SHRI RAM Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=2.36
    Overall volatility
    Information ratio =0.33

    SHRI RAM Alerts

    SHRI RAM Alerts and Suggestions

    SHRI RAM SWITCHGEA generates negative expected return over the last 30 days
    SHRI RAM SWITCHGEA has high historical volatility and very poor performance
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