|Horizon||30 Days Login to change|
SHRI RAM Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|14.80||30 days||14.80||ABOUT 48.0%|
Based on normal probability distribution, the odds of SHRI RAM to move above current price in 30 days from now is about 48.0% (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 -0.1841 . This entails as returns on benchmark increase, returns on holding SHRI RAM are expected to decrease at a much smaller rate. During bear market, however, SHRI RAM SWITCHGEA 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. SHRI RAM SWITCHGEA is significantly underperforming DOW.
SHRI RAM Price Density
|Alpha over DOW||=||0.66|
|Beta against DOW||=||0.18|