ICICI Prudential (India) Fund

ICICI Prudential is trading at 15.36 as of the 24th of October 2021; that is No Change since the beginning of the trading day. The fund's open price was 15.36. Equity ratings for ICICI Prudential Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of September 2021 and ending today, the 24th of October 2021. Click here to learn more.

ICICI Prudential Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. ICICI Prudential's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ICICI Prudential or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ICICI Prudential is not yet fully synchronised with the market data
ICICI Prudential is unlikely to experience financial distress in the next 2 years
The fund holds about 56.45% of its total net assets in cash
Legal NameICICI Prudential Equity
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ICICI Prudential's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Startdate1st of February 2011
ICICI Prudential Equity [0P0000XWAL] is traded in India and was established 24th of October 2021. The fund is listed under Arbitrage Fund category and is part of ICICI Prudential Asset Management Company Limited family. ICICI Prudential Equity presently has accumulated 8.07 B in total net assets with minimum initial investment of 5 K.
Check ICICI Prudential Probability Of Bankruptcy

ICICI Prudential Target Price Odds Analysis

What are ICICI Prudential's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ICICI Prudential jumping above the current price in 90 days from now is about 10.31%. The ICICI Prudential Equity probability density function shows the probability of ICICI Prudential fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ICICI Prudential Equity has a beta of -0.003. This suggests as returns on benchmark increase, returns on holding ICICI Prudential are expected to decrease at a much lower rate. During the bear market, however, ICICI Prudential Equity is likely to outperform the market. Additionally, the company has an alpha of 0.014, implying that it can generate a 0.014 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 15.36HorizonTargetOdds Up 15.36 
88.69%90 days
 15.36 
10.31%
Based on a normal probability distribution, the odds of ICICI Prudential to move above the current price in 90 days from now is about 10.31 (This ICICI Prudential Equity probability density function shows the probability of ICICI Fund to fall within a particular range of prices over 90 days) .

ICICI Prudential Equity Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ICICI Prudential market risk premium is the additional return an investor will receive from holding ICICI Prudential long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ICICI Prudential. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ICICI Prudential's alpha and beta are two of the key measurements used to evaluate ICICI Prudential's performance over the market, the standard measures of volatility play an important role as well.

ICICI Prudential Against Markets

Picking the right benchmark for ICICI Prudential fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICICI Prudential fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICICI Prudential is critical whether you are bullish or bearish towards ICICI Prudential Equity at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ICICI Prudential fund to make a market-neutral strategy. Peer analysis of ICICI Prudential could also be used in its relative valuation, which is a method of valuing ICICI Prudential by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the ICICI Prudential Equity information on this page should be used as a complementary analysis to other ICICI Prudential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for ICICI Fund

When running ICICI Prudential Equity price analysis, check to measure ICICI Prudential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICICI Prudential is operating at the current time. Most of ICICI Prudential's value examination focuses on studying past and present price action to predict the probability of ICICI Prudential's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ICICI Prudential's price. Additionally, you may evaluate how the addition of ICICI Prudential to your portfolios can decrease your overall portfolio volatility.
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