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SHRIRAM TRANSPORT (India) Probability of Target Price Finishing Over Current Price

SRT
SRTRANSFIN-Z2 -- India Stock  

INR 1,094  3.50  0.32%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,094 30 days 1,094 
about 23.97
Based on normal probability distribution, the odds of SHRIRAM TRANSPORT to move above current price in 30 days from now is about 23.97 (This SHRIRAM TRANSPORT probability density function shows the probability of SHRIRAM TRANSPORT Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SHRIRAM TRANSPORT has beta of 0.0194 . This entails as returns on market go up, SHRIRAM TRANSPORT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SHRIRAM TRANSPORT will be expected to be much smaller as well. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
 SHRIRAM TRANSPORT Price Density 
    
  Price 
α
Alpha over DOW
=0.00
β
Beta against DOW=0.0194
σ
Overall volatility
=5.16
Ir
Information ratio =0.00

SHRIRAM TRANSPORT Alerts and Suggestions

SHRIRAM TRANSPORT is not yet fully synchronised with the market data