SUPERTEX Probability of Target Price Finishing Over Current Price

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SUPERTEX -- India Stock  

INR 2.10  0.00  0.00%

SUPERTEX INDUSTRIES probability of target price tool provides mechanism to make assumptions about upside potential and downside risk of SUPERTEX INDUSTRIES LTD performance during a given time horizon utilizing its historical volatility.

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SUPERTEX INDUSTRIES Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 2.10 30 days 2.10 
about 23.75
Based on a normal probability distribution, the odds of SUPERTEX INDUSTRIES to move above the current price in 30 days from now is about 23.75 (This SUPERTEX INDUSTRIES LTD probability density function shows the probability of SUPERTEX INDUSTRIES Stock to fall within a particular range of prices over 30 days) .
Assuming the 30-days trading horizon, SUPERTEX INDUSTRIES LTD has a beta of -0.0258. This usually implies as returns on benchmark increase, returns on holding SUPERTEX INDUSTRIES are expected to decrease at a much lower rate. During the bear market, however, SUPERTEX INDUSTRIES LTD 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. SUPERTEX INDUSTRIES LTD is significantly underperforming DOW.
 SUPERTEX INDUSTRIES Price Density 
      Price 
α
Alpha over DOW
=-0.16
β
Beta against DOW=-0.03
σ
Overall volatility
=0.28
Ir
Information ratio =-0.11

SUPERTEX INDUSTRIES Alerts and Suggestions

SUPERTEX INDUSTRIES appears to be very risky and stock price may revert if volatility continues
The company reported the revenue of 1.2 B. Net Loss for the year was (603 K) with profit before overhead, payroll, taxes, and interest of 126.91 M.
About 43.0% of the company outstanding shares are owned by corporate insiders

SUPERTEX INDUSTRIESPrice Density Drivers

Float Shares7M
Average Daily Volume Last 10 Day386
Average Daily Volume In Three Month294
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