|Horizon||30 Days Login to change|
Kotak Classic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|19.78||30 days||19.78||ABOUT 74.84%|
Based on normal probability distribution, the odds of Kotak Classic to move above current price in 30 days from now is about 74.84% (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 Equity Reg Div has beta of -0.2035 . This suggests as returns on benchmark increase, returns on holding Kotak Classic are expected to decrease at a much smaller rate. During bear market, however, Kotak Classic Equity 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. Kotak Classic Equity is significantly underperforming DOW.
Kotak Classic Price Density
|Alpha over DOW||=||2.12|
|Beta against DOW||=||0.2|