|Current Price||Horizon||Target Price||Odds 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 0.0 . This suggests unless we do not have required data, the returns on DOW and HDFC Arbitrage are completely uncorrelated. Additionally HDFC Arbitrage Retl Qt DivIt does not look like HDFC Arbitrage alpha can have any bearing on the equity current valuation.
HDFC Arbitrage Price Density