|Current Price||Horizon||Target Price||Odds 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).
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