|Horizon||30 Days Login to change|
Tata Mid Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|38.25||30 days||38.25||ABOUT 22.19%|
Based on normal probability distribution, the odds of Tata Mid to move above current price in 30 days from now is about 22.19% (This Tata Mid Cap Growth Reg Div probability density function shows the probability of Tata Mid Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Tata Mid Cap Growth Reg Div has beta of -0.025 . This suggests as returns on benchmark increase, returns on holding Tata Mid are expected to decrease at a much smaller rate. During bear market, however, Tata Mid Cap Growth 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. Tata Mid Cap is significantly underperforming DOW.
Tata Mid Price Density
|Alpha over DOW||=||0.34|
|Beta against DOW||=||0.03|