|Horizon||30 Days Login to change|
IDFC Gov Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.32||30 days||11.32||ABOUT 30.41%|
Based on normal probability distribution, the odds of IDFC Gov to move above current price in 30 days from now is about 30.41% (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 has beta of 0.0548 . This suggests as returns on market go up, IDFC Gov average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IDFC Gov Sec ST Reg Qtr Div will be expected to be much smaller as well. Additionally The company has an alpha of 0.0224 implying that it can potentially generate 0.0224% excess return over DOW after adjusting for the inherited market risk (beta).
IDFC Gov Price Density
|Alpha over DOW||=||0.022357|
|Beta against DOW||=||0.05|