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

    101242 -- India Fund  

    INR 1,084  3.14  0.29%

    Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India ST Income Wk 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
    Symbol:
    Refresh Odds

    Franklin India Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,084 30 days 1,084  ABOUT 78.85%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 78.85% (This Franklin India ST Income Wk 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 0.1666 . 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 ST Income Wk Div will be expected to be much smaller as well. Additionally Franklin India ST Income Wk 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   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.17
    σ
    Overall volatility
    =1.88
    Ir
    Information ratio =0.79

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    Franklin India ST generates negative expected return over the last 30 days
    The fund holds about 13.01% of its total net assets in cash

    Price Density Drivers

    Franklin India Health Indicators

    Check also Trending Equities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
    Search macroaxis.com