|Horizon||30 Days Login to change|
SBI Dynamic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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||=||0.14|
|Beta against DOW||=||0.0073|