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

    VIMTALABS -- India Stock  

    INR 268.60  3.45  1.30%

    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 World Market Map.
    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
     268.60 30 days 268.60  ABOUT 82.02%
    Based on normal probability distribution, the odds of Vimta Labs to move above current price in 30 days from now is about 82.02% (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 0.6344 . 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 Vimta Labs Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Vimta Labs Price Density 
          Price 
    α
    Alpha over DOW
    =0.81
    β
    Beta against DOW=0.63
    σ
    Overall volatility
    =25.66
    Ir
    Information ratio =0.21

    Vimta Labs Alerts

    Vimta Labs Alerts and Suggestions

    Vimta Labs Limited is not yet fully synchronised with the market data
    Also please take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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