|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,622 ||30 days|| 1,622 || NEARLY 4.1%|
Based on normal probability distribution, the odds of Tamar Petroleum to move above current price in 30 days from now is nearly 4.1% (This Tamar Petroleum Ltd probability density function shows the probability of Tamar Petroleum Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Tamar Petroleum Ltd has beta of -0.0443 . This entails as returns on benchmark increase, returns on holding Tamar Petroleum are expected to decrease at a much smaller rate. During bear market, however, Tamar Petroleum Ltd is likely to outperform the market. Additionally Tamar Petroleum Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Tamar Petroleum Price Density
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|Current Price || ||Target Price || |