TCFCFINQ Probability of Target Price Finishing Over Current Price

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TCFCFINQ -- India Stock  

INR 17.50  0.65  3.58%

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

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TCFC FINANCE Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 17.50 30 days 17.50 
about 79.0
Based on a normal probability distribution, the odds of TCFC FINANCE to move above the current price in 30 days from now is about 79.0 (This TCFC FINANCE LTD probability density function shows the probability of TCFC FINANCE Stock to fall within a particular range of prices over 30 days) .
Assuming the 30-days trading horizon, TCFC FINANCE has a beta of 0.2. This usually implies as returns on the market go up, TCFC FINANCE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TCFC FINANCE LTD will be expected to be much smaller as well. Additionally The company has an alpha of 0.0477, implying that it can generate a 0.0477 percent excess return over DOW after adjusting for the inherited market risk (beta).
 TCFC FINANCE Price Density 
      Price 
α
Alpha over DOW
=0.047717
β
Beta against DOW=0.20
σ
Overall volatility
=0.93
Ir
Information ratio =-0.04

TCFC FINANCE Alerts and Suggestions

TCFC FINANCE LTD generates negative expected return over the last 30 days
TCFC FINANCE LTD has high historical volatility and very poor performance
TCFC FINANCE LTD has accumulated about 778.2 M in cash with (370.73 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 74.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 78.0% of the company outstanding shares are owned by corporate insiders

TCFC FINANCEPrice Density Drivers

Trailing Annual Dividend Rate1.50
Float Shares2.36M
Average Daily Volume Last 10 Day429
Average Daily Volume In Three Month434
Trailing Annual Dividend Yield7.50%
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