|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 37.36 ||30 days|| 37.36 || ABOUT 21.82%|
Based on normal probability distribution, the odds of Tata Mid to move above current price in 30 days from now is about 21.82% (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 has beta of 0.4678 . This suggests as returns on market go up, Tata Mid average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tata Mid Cap Growth Reg Div will be expected to be much smaller as well. Additionally Tata Mid Cap Growth Reg Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW