HDFC Arbitrage (India) Probability of Target Price Finishing Over Current Price

    106797 -- India Fund  

    INR 14.61  14.61  9,223,372,036,855%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.61 30 days 14.61  NEAR 1%
    Based on normal probability distribution, the odds of HDFC Arbitrage to move above current price in 30 days from now is near 1% (This HDFC Arbitrage Retl Qt Div probability density function shows the probability of HDFC Arbitrage Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HDFC Arbitrage has beta of 0.0075 . This suggests as returns on market go up, HDFC Arbitrage average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HDFC Arbitrage Retl Qt Div will be expected to be much smaller as well. Additionally HDFC Arbitrage Retl Qt Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     HDFC Arbitrage Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0075
    σ
    Overall volatility
    =4.27
    Ir
    Information ratio =12.21

    HDFC Arbitrage Alerts

    HDFC Arbitrage Alerts and Suggestions

    HDFC Arbitrage Retl generates negative expected return over the last 30 days
    HDFC Arbitrage Retl has high likelihood to experience some financial distress in the next 2 years
    The fund holds about 29.78% of its total net assets in cash
    Check also Trending Equities. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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