|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 6.00 ||30 days|| 6.00 || ABOUT 38.92%|
Based on normal probability distribution, the odds of TeleCanor Global to move above current price in 30 days from now is about 38.92% (This TeleCanor Global Ltd probability density function shows the probability of TeleCanor Global Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TeleCanor Global has beta of 0.2499 . This entails as returns on market go up, TeleCanor Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TeleCanor Global Ltd will be expected to be much smaller as well. Additionally TeleCanor Global Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
TeleCanor Global Price Density
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|Current Price || ||Target Price || |