|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 18.66 ||30 days|| 18.66 || ABOUT 90.27%|
Based on normal probability distribution, the odds of Kotak Classic to move above current price in 30 days from now is about 90.27% (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 -0.0845 . 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 Kotak Classic Equity Reg Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Kotak Classic Price Density