Zota Health Probability of Target Price Finishing Over 139.0

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ZOTA -- India Stock  

INR 143.40  0.25  0.17%

Zota Health probability of target price tool provides mechanism to make assumptions about upside potential and downside risk of Zota Health Care performance during a given time horizon utilizing its historical volatility.

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Please specify Zota Health time horizon, a valid symbol (red box) and a target price (blue box) you would like Zota Health odds to be computed. Check out Zota Health Backtesting, Zota Health Valuation, Zota Health Correlation, Zota Health Hype Analysis, Zota Health Volatility, Zota Health History as well as Zota Health Performance.
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Zota Health Target Price Odds to finish over 139.0

Current PriceHorizonTarget PriceOdds to stay above  139.00  in 30 days
 143.40 30 days 139.00 
about 70.88
Based on a normal probability distribution, the odds of Zota Health to stay above  139.00  in 30 days from now is about 70.88 (This Zota Health Care probability density function shows the probability of Zota Health Stock to fall within a particular range of prices over 30 days) . Probability of Zota Health Care price to stay between  139.00  and its current price of 143.4 at the end of the 30-day period is about 33.81 .
Assuming the 30-days trading horizon, Zota Health has a beta of 0.19. This usually means as returns on the market go up, Zota Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zota Health Care will be expected to be much smaller as well. Additionally The company has an alpha of 0.1139, implying that it can generate a 0.11 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Zota Health Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.19
σ
Overall volatility
=5.00
Ir
Information ratio =-0.0003

Zota Health Alerts and Suggestions

Zota Health Care generates negative expected return over the last 30 days
Zota Health Care has accumulated about 12.7 M in cash with (32.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5.

Zota HealthPrice Density Drivers

Trailing Annual Dividend Rate0.71
Float Shares6.82M
Average Daily Volume Last 10 Day13.72k
Average Daily Volume In Three Month9.48k
Trailing Annual Dividend Yield0.49%
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