Birla Sun (India) Probability of Target Price Finishing Over Current Price

    106876 -- India Fund  

    INR 17.37  0.32  1.81%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.37 30 days 17.37  ABOUT 38.42%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 38.42% (This Birla Sun Life Intl Equity B Gr probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Birla Sun Life Intl Equity B Gr has beta of -0.4344 . This suggests as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Intl Equity B Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Birla Sun Life is significantly underperforming DOW.
     Birla Sun Price Density 
          Price 
    α
    Alpha over DOW
    =0.001
    β
    Beta against DOW=0.43
    σ
    Overall volatility
    =7.27
    Ir
    Information ratio =0.00012189

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    The fund generated five year return of -1.0%
    Birla Sun Life holds 97.03% of its total net assets in equities

    Birla SunPrice Density Drivers

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