SBI Magnum (India) Probability of Target Price Finishing Over Current Price

    101952 -- India Fund  

    INR 13.08  0.00  0.00%

    SBI Magnum probability of target price tool provides mechanism to make assumptions about upside and downside potential of SBI Magnum Gilt LT PF 3yr Div performance during a given time horizon utilizing its historical volatility. Please specify SBI Magnum time horizon, a valid symbol (red box) and a target price (blue box) you would like SBI Magnum odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    SBI Magnum Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.08 30 days 13.08  ABOUT 23.53%
    Based on normal probability distribution, the odds of SBI Magnum to move above current price in 30 days from now is about 23.53% (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 0.0111 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. SBI Magnum Gilt is significantly underperforming DOW.
     SBI Magnum Price Density 
    Alpha over DOW
    Beta against DOW=0.0111
    Overall volatility
    Information ratio =0.32

    SBI Magnum Alerts

    SBI Magnum Alerts and Suggestions

    SBI Magnum Gilt is not yet fully synchronised with the market data
    The fund holds about 97.54% of its total net assets in fixed income securities

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    Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.