|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.55 ||30 days|| 12.55 || ABOUT 14.42%|
Based on normal probability distribution, the odds of SBI Magnum to move above current price in 30 days from now is about 14.42% (This SBI Magnum Gilt LT PF 3yr Div probability density function shows the probability of SBI Magnum Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SBI Magnum has beta of 0.0043 . This suggests as returns on market go up, SBI Magnum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI Magnum Gilt LT PF 3yr Div will be expected to be much smaller as well. Additionally SBI Magnum Gilt LT PF 3yr Div has an alpha of 0.0186 implying that it can potentially generate 0.0186% excess return over DOW after adjusting for the inherited market risk (beta).