|Horizon||30 Days Login to change|
Baroda Pioneer Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.97||30 days||15.97||ABOUT 19.4%|
Based on normal probability distribution, the odds of Baroda Pioneer to move above current price in 30 days from now is about 19.4% (This Baroda Pioneer Balance A Div probability density function shows the probability of Baroda Pioneer Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Baroda Pioneer Balance A Div has beta of -0.005 . This suggests as returns on benchmark increase, returns on holding Baroda Pioneer are expected to decrease at a much smaller rate. During bear market, however, Baroda Pioneer Balance A Div is likely to outperform the market. Additionally The company has an alpha of 0.0374 implying that it can potentially generate 0.0374% excess return over DOW after adjusting for the inherited market risk (beta).
Baroda Pioneer Price Density
|Alpha over DOW||=||0.037368|
|Beta against DOW||=||0.005|