TATAMOTORS Probability of Target Price Finishing Over Current Price

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TATAMOTORS -- India Stock  

INR 101.55  0.80  0.79%

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

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Please specify TATA MOTORS time horizon, a valid symbol (red box) and a target price (blue box) you would like TATA MOTORS odds to be computed. Additionally, take a look at TATA MOTORS Backtesting, TATA MOTORS Valuation, TATA MOTORS Correlation, TATA MOTORS Hype Analysis, TATA MOTORS Volatility, TATA MOTORS History as well as TATA MOTORS Performance.
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TATA MOTORS Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 101.55 30 days 101.55 
about 84.12
Based on a normal probability distribution, the odds of TATA MOTORS to move above the current price in 30 days from now is about 84.12 (This TATA MOTORS LTD probability density function shows the probability of TATA MOTORS Stock to fall within a particular range of prices over 30 days) .
Assuming the 30 trading days horizon, TATA MOTORS LTD has a beta of -0.027. This usually implies as returns on benchmark increase, returns on holding TATA MOTORS are expected to decrease at a much lower rate. During the bear market, however, TATA MOTORS 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. TATA MOTORS LTD is significantly underperforming DOW.
 TATA MOTORS Price Density 
      Price 
α
Alpha over DOW
=-0.11
β
Beta against DOW=-0.03
σ
Overall volatility
=13.08
Ir
Information ratio =-0.06

TATA MOTORS Alerts and Suggestions

TATA MOTORS LTD appears to be very risky and stock price may revert if volatility continues
The company has accumulated 1060 B in total debt with debt to equity ratio (D/E) of 1.65, which is about average as compared to similar companies. TATA MOTORS LTD has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 2610 B. Net Loss for the year was (120.71 B) with profit before overhead, payroll, taxes, and interest of 1110 B.
About 42.0% of TATA MOTORS outstanding shares are owned by corporate insiders

TATA MOTORSPrice Density Drivers

Average Daily Volume Last 10 Day86.71M
Average Daily Volume In Three Month68.3M
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