Probablity Distribution:

KEY TAKEAWAYS - A probability distribution depicts the expected outcomes of possible values for a given data generating process. - Probability distributions come in many shapes with different characteristics, as defined by the mean, standard deviation, skewness, and kurtosis. - Investors use probability distributions to anticipate returns on assets such as stocks over time and to hedge their risk.

NIFTY 50 Chart:

Basic Candlestick chart of NF50 along with Bollinger Band (2SD cofigured)

Nifty and BNF Daily Percent Returns for Last 1 Year-

Nifty50 and BNF (Bank NIFTY) Probability Distribution based on Percentage Returns on Daily Basis

Post Automation Probablity Distribution can be calculated using single click of any Stock or Index. It gives fair idea about Probability Percent of Stock/Index moving between percent range. Below Viz using Data for Last 1 Year,contains 248 Working Days.