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 
    Alpha over DOW
    Beta against DOW=0.43
    Overall volatility
    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