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

    YASHCHEM -- India Stock  

    INR 72.35  0.65  0.89%

    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
     72.35 30 days 72.35  ABOUT 50.46%
    Based on normal probability distribution, the odds of Yash Chemex to move above current price in 30 days from now is about 50.46% (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 has beta of 0.6689 . This means as returns on market go up, Yash Chemex average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Yash Chemex 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. Yash Chemex Limited is significantly underperforming DOW.
     Yash Chemex Price Density 
          Price 
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.67
    σ
    Overall volatility
    =3.30
    Ir
    Information ratio =0.09

    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 3M in cash with (19.22M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
    On February 25, 2019 Yash Chemex paid 0.3 per share dividend to its current shareholders

    Yash ChemexPrice Density Drivers

    Trailing Annual Dividend Rate0.14
    Float Shares3.01M
    Average Daily Volume Last 10 Day41.41k
    Average Daily Volume In Three Month18.69k
    Trailing Annual Dividend Yield0.19%
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