|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 3.78 ||30 days|| 3.78 || ABOUT 90.47%|
Based on normal probability distribution, the odds of Tsingtao Brewery to move above current price in 30 days from now is about 90.47% (This Tsingtao Brewery Company Limited probability density function shows the probability of Tsingtao Brewery Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Tsingtao Brewery has beta of 0.1733 . This entails as returns on market go up, Tsingtao Brewery average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tsingtao Brewery Company Limited will be expected to be much smaller as well. Additionally Tsingtao Brewery Company Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Tsingtao Brewery Price Density
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|Current Price || ||Target Price || |