|Horizon||30 Days Login to change|
Birla Sun Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|17.38||30 days||17.38||ABOUT 37.02%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 37.02% (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 -0.1761 . 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 an alpha of 0.3239 implying that it can potentially generate 0.3239% excess return over DOW after adjusting for the inherited market risk (beta).
Birla Sun Price Density
|Alpha over DOW||=||0.32|
|Beta against DOW||=||0.18|