Vimta Labs (India) Probability of Target Price Finishing Over Current Price

VIMTALABS -- India Stock  

INR 169.35  2.60  1.56%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 169.35 30 days 169.35  ABOUT 38.93%
Based on normal probability distribution, the odds of Vimta Labs to move above current price in 30 days from now is about 38.93% (This Vimta Labs Limited probability density function shows the probability of Vimta Labs Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Vimta Labs has beta of 0.4915 . This entails as returns on market go up, Vimta Labs average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Vimta Labs Limited will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Vimta Labs Limited is significantly underperforming DOW.
 Vimta Labs Price Density 
      Price 
α
Alpha over DOW
=0.2
β
Beta against DOW=0.49
σ
Overall volatility
=76.18
Ir
Information ratio =0.11

Vimta Labs Alerts and Suggestions

Vimta Labs Limited generates negative expected return over the last 30 days
Vimta Labs Limited has high historical volatility and very poor performance

Vimta LabsPrice Density Drivers

Trailing Annual Dividend Rate2.00
Float Shares6.5M
Average Daily Volume Last 10 Day1.14k
Average Daily Volume In Three Month1.63k
Trailing Annual Dividend Yield1.13%
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