|Current Price||Horizon||Target Price||Odds 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
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|Current Price || ||Target Price || |