|Horizon||30 Days Login to change|
Vimta Labs Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|268.60||30 days||268.60||UNDER 4%|
Based on normal probability distribution, the odds of Vimta Labs to move above current price in 30 days from now is under 4% (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 Limited has beta of -0.1517 . This entails as returns on benchmark increase, returns on holding Vimta Labs are expected to decrease at a much smaller rate. During bear market, however, Vimta Labs Limited is likely to outperform the market. Additionally The company has an alpha of 0.3072 implying that it can potentially generate 0.3072% excess return over DOW after adjusting for the inherited market risk (beta).
Vimta Labs Price Density
|Alpha over DOW||=||0.31|
|Beta against DOW||=||0.15|