|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.92 ||30 days|| 10.92 || ABOUT 30.85%|
Based on normal probability distribution, the odds of IDFC Gov to move above current price in 30 days from now is about 30.85% (This IDFC Gov Sec ST Reg Qtr Div probability density function shows the probability of IDFC Gov Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IDFC Gov Sec ST Reg Qtr Div has beta of -0.0281 . This suggests as returns on benchmark increase, returns on holding IDFC Gov are expected to decrease at a much smaller rate. During bear market, however, IDFC Gov Sec ST Reg Qtr Div is likely to outperform the market. Additionally IDFC Gov Sec ST Reg Qtr Div has an alpha of 0.0118 implying that it can potentially generate 0.0118% excess return over DOW after adjusting for the inherited market risk (beta).
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