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

    102326 -- India Fund  

    INR 38.25  0.03  0.08%

    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
     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 
          Price 
    α
    Alpha over DOW
    =0.34
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =20.16
    Ir
    Information ratio =0.16

    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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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