Veto Switchgears (India) Probability of Target Price Finishing Over Current Price

VETO -- India Stock  

INR 144.20  9.50  7.05%

Veto Switchgears probability of target price tool provides mechanism to make assumptions about upside and downside potential of Veto Switchgears and Cables Limited performance during a given time horizon utilizing its historical volatility. Please specify Veto Switchgears time horizon, a valid symbol (red box) and a target price (blue box) you would like Veto Switchgears odds to be computed. Also please take a look at Veto Switchgears Backtesting, Veto Switchgears Valuation, Veto Switchgears Correlation, Veto Switchgears Hype Analysis, Veto Switchgears Volatility, Veto Switchgears History as well as Veto Switchgears Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Veto Switchgears Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 144.20 30 days 144.20  ABOUT 90.38%
Based on normal probability distribution, the odds of Veto Switchgears to move above current price in 30 days from now is about 90.38% (This Veto Switchgears and Cables Limited probability density function shows the probability of Veto Switchgears Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the stock has beta coefficient of 1.088 . This entails Veto Switchgears and Cables Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Veto Switchgears is expected to follow. Additionally Veto Switchgears and Cables Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Veto Switchgears Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=1.03
β
Beta against DOW=1.09
σ
Overall volatility
=10.00
Ir
Information ratio =0.4

Veto Switchgears Alerts

Veto Switchgears Alerts and Suggestions

Veto Switchgears and generates negative expected return over the last 30 days
Also please take a look at Veto Switchgears Backtesting, Veto Switchgears Valuation, Veto Switchgears Correlation, Veto Switchgears Hype Analysis, Veto Switchgears Volatility, Veto Switchgears History as well as Veto Switchgears Performance. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
Search macroaxis.com