Tata Mid (India) Probability of Target Price Finishing Over Current Price

    102326 -- India Fund  

    INR 37.36  0.22  0.59%

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

    Current PriceHorizonTarget PriceOdds 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
     Tata Mid Price Density 
          Price 
    α
    Alpha over DOW
    =0.38
    β
    Beta against DOW=0.47
    σ
    Overall volatility
    =20.51
    Ir
    Information ratio =0.1

    Tata Mid Alerts

    Tata Mid Alerts and Suggestions

    Tata Mid Cap is not yet fully synchronised with the market data
    The fund holds about 5.83% of its total net assets in cash

    Price Density Drivers

    Tata Mid Health Indicators

    Check also Trending Equities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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