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

    SRIRAM-SM -- India Stock  

    INR 14.80  0.00  0.00%

    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
     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 
          Price 
    α
    Alpha over DOW
    =0.66
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =1.37
    Ir
    Information ratio =0.11

    SHRI RAM Alerts

    SHRI RAM Alerts and Suggestions

    SHRI RAM SWITCHGEA is not yet fully synchronised with the market data
    SHRI RAM SWITCHGEA generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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