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

    106876 -- India Fund  

    INR 18.90  0.03  0.16%

    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
     18.90 30 days 18.90  ABOUT 24.79%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 24.79% (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 -0.4191 . 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 Birla Sun Life Intl Equity B Gr has an alpha of 0.3124 implying that it can potentially generate 0.3124% excess return over DOW after adjusting for the inherited market risk (beta).
     Birla Sun Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.42
    σ
    Overall volatility
    =8.87
    Ir
    Information ratio =0.05

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    The fund generated five year return of -1.0%
    Birla Sun Life Intl Equity B Gr holds 97.03% of its total net assets in equities
    Check also Trending Equities. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
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