Vedanta Resources (Germany) Probability of Target Price Finishing Over Current Price

VR9 -- Germany Stock  

EUR 9.34  0.00  0.00%

Vedanta Resources probability of target price tool provides mechanism to make assumptions about upside and downside potential of Vedanta Resources plc performance during a given time horizon utilizing its historical volatility. Please specify Vedanta Resources time horizon, a valid symbol (red box) and a target price (blue box) you would like Vedanta Resources odds to be computed. Also please take a look at World Market Map.
Horizon     30 Days    Login   to change
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Vedanta Resources Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 9.34 30 days 9.34  ABOUT 24.69%
Based on normal probability distribution, the odds of Vedanta Resources to move above current price in 30 days from now is about 24.69% (This Vedanta Resources plc probability density function shows the probability of Vedanta Resources Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Vedanta Resources plc has beta of -0.1018 . This entails as returns on benchmark increase, returns on holding Vedanta Resources are expected to decrease at a much smaller rate. During bear market, however, Vedanta Resources plc is likely to outperform the market. Additionally Vedanta Resources plc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Vedanta Resources Price Density 
      Price 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.1
σ
Overall volatility
=4.38
Ir
Information ratio =0.15

Vedanta Resources Alerts

Vedanta Resources Alerts and Suggestions

Vedanta Resources is not yet fully synchronised with the market data
Vedanta Resources generates negative expected return over the last 30 days
Vedanta Resources has high likelihood to experience some financial distress in the next 2 years
Vedanta Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 16.64B in total debt with debt to equity ratio (D/E) of 254.7 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Vedanta Resources plc has Current Ratio of 0.77 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

Vedanta Resources Health Indicators

Trailing Annual Dividend Rate0.65
Float Shares81.08M
Average Daily Volume In Three Month579
Trailing Annual Dividend Yield6.96%
Also please take a look at World Market Map. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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