DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    106668 -- India Fund  

    INR 11.46  0.09  0.79%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.46 30 days 11.46  ABOUT 21.14%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 21.14% (This DHFL Pramerica Top Euroland Offs Div probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica has beta of 0.0093 . This suggests as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Top Euroland Offs Div will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. DHFL Pramerica Top is significantly underperforming DOW.
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0093
    σ
    Overall volatility
    =6.56
    Ir
    Information ratio =0.2

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Top is not yet fully synchronised with the market data
    The fund generated five year return of -2.0%
    DHFL Pramerica Top holds 95.43% of its total net assets in equities

    Price Density Drivers

    DHFL Pramerica 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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