|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 21.12 ||30 days|| 21.12 || ABOUT 31.07%|
Based on normal probability distribution, the odds of Kotak Classic to move above current price in 30 days from now is about 31.07% (This Kotak Classic Equity Reg Div probability density function shows the probability of Kotak Classic Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Kotak Classic has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Kotak Classic are completely uncorrelated. Additionally Kotak Classic Equity Reg DivIt does not look like Kotak Classic alpha can have any bearing on the equity current valuation.
Kotak Classic Price Density
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|Current Price || ||Target Price || |