Yash Chemex (India) Probability of Target Price Finishing Over Current Price

    YASHCHEM -- India Stock  

    INR 76.80  3.20  4.00%

    Yash Chemex probability of target price tool provides mechanism to make assumptions about upside and downside potential of Yash Chemex Limited performance during a given time horizon utilizing its historical volatility. Please specify Yash Chemex time horizon, a valid symbol (red box) and a target price (blue box) you would like Yash Chemex odds to be computed. See also Your Current Watchlist.
    Horizon     30 Days    Login   to change
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    Yash Chemex Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     76.80 30 days 76.80  ABOUT 74.3%
    Based on normal probability distribution, the odds of Yash Chemex to move above current price in 30 days from now is about 74.3% (This Yash Chemex Limited probability density function shows the probability of Yash Chemex Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Yash Chemex Limited has beta of -0.0548 . This means as returns on benchmark increase, returns on holding Yash Chemex are expected to decrease at a much smaller rate. During bear market, however, Yash Chemex Limited is likely to outperform the market. Additionally Yash Chemex Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Yash Chemex Price Density 
          Price 
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =3.16
    Ir
    Information ratio =0.04

    Yash Chemex Alerts

    Yash Chemex Alerts and Suggestions

    Yash Chemex Limited is not yet fully synchronised with the market data
    Yash Chemex Limited generates negative expected return over the last 30 days
    The company has accumulated about 2.67M in cash with (19.22M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.

    Price Density Drivers

    Yash Chemex Health Indicators

    Trailing Annual Dividend Rate0.14
    Float Shares2.74M
    Average Daily Volume Last 10 Day4.13k
    Average Daily Volume In Three Month17.38k
    Trailing Annual Dividend Yield0.17%
    See also Your Current Watchlist. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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