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

    102206 -- India Fund  

    INR 12.64  0.01  0.08%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.64 30 days 12.64  ABOUT 20.29%
    Based on normal probability distribution, the odds of SBI Dynamic to move above current price in 30 days from now is about 20.29% (This SBI Dynamic Bond Reg Div probability density function shows the probability of SBI Dynamic Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SBI Dynamic Bond Reg Div has beta of -0.0073 . This suggests as returns on benchmark increase, returns on holding SBI Dynamic are expected to decrease at a much smaller rate. During bear market, however, SBI Dynamic Bond Reg Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SBI Dynamic Bond is significantly underperforming DOW.
     SBI Dynamic Price Density 
    Alpha over DOW
    Beta against DOW=0.0073
    Overall volatility
    Information ratio =0.78

    SBI Dynamic Alerts

    SBI Dynamic Alerts and Suggestions

    SBI Dynamic Bond is not yet fully synchronised with the market data
    The fund holds about 97.09% of its total net assets in fixed income securities
    Check also Trending Equities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.