|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 0.0075 . 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
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|Current Price || ||Target Price || |