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

    102206 -- India Fund  

    INR 12.19  0.02  0.16%

    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
     12.19 30 days 12.19  ABOUT 12.38%
    Based on normal probability distribution, the odds of SBI Dynamic to move above current price in 30 days from now is about 12.38% (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 has beta of 0.43 . This suggests as returns on market go up, SBI Dynamic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI Dynamic Bond Reg Div will be expected to be much smaller as well. Additionally SBI Dynamic Bond Reg Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     SBI Dynamic Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.25
    β
    Beta against DOW=0.43
    σ
    Overall volatility
    =6.31
    Ir
    Information ratio =0.6

    SBI Dynamic Alerts

    SBI Dynamic Alerts and Suggestions

    SBI Dynamic Bond generates negative expected return over the last 30 days
    The fund holds about 97.09% of its total net assets in fixed income securities
    Check also Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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