HDFC Infrastructure (India) Probability of Target Price Finishing Over Current Price

    107524 -- India Fund  

     16.21  0.66  3.91%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     16.21 30 days 16.21  ABOUT 15.55%
    Based on normal probability distribution, the odds of HDFC Infrastructure to move above current price in 30 days from now is about 15.55% (This HDFC Infrastructure Gr probability density function shows the probability of HDFC Infrastructure Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HDFC Infrastructure Gr has beta of -0.1854 . This suggests as returns on benchmark increase, returns on holding HDFC Infrastructure are expected to decrease at a much smaller rate. During bear market, however, HDFC Infrastructure Gr is likely to outperform the market. Additionally HDFC Infrastructure Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     HDFC Infrastructure Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.19
    β
    Beta against DOW=0.19
    σ
    Overall volatility
    =8.61
    Ir
    Information ratio =0.48

    HDFC Infrastructure Alerts

    HDFC Infrastructure Alerts and Suggestions

    HDFC Infrastructure generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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