Franklin India (India) Probability of Target Price Finishing Over Current Price

    100503 -- India Fund  

    INR 10.56  0.06  0.56%

    Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India Low Duration Mn Div performance during a given time horizon utilizing its historical volatility. Please specify Franklin India time horizon, a valid symbol (red box) and a target price (blue box) you would like Franklin India odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    Franklin India Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.56 30 days 10.56  ABOUT 23.47%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 23.47% (This Franklin India Low Duration Mn Div probability density function shows the probability of Franklin India Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Franklin India has beta of 0.0438 . This suggests as returns on market go up, Franklin India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin India Low Duration Mn Div will be expected to be much smaller as well. Additionally Franklin India Low Duration Mn Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Franklin India Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.0438
    Overall volatility
    Information ratio =2.99

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    The fund holds about 47.5% of its total net assets in cash
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