BOI AXA (India) Probability of Target Price Finishing Over Current Price

    110606 -- India Fund  

    INR 32.14  0.30  0.92%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     32.14 30 days 32.14  ABOUT 34.49%
    Based on normal probability distribution, the odds of BOI AXA to move above current price in 30 days from now is about 34.49% (This BOI AXA Equity Reg Bns probability density function shows the probability of BOI AXA Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BOI AXA has beta of 0.0985 . This suggests as returns on market go up, BOI AXA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BOI AXA Equity Reg Bns will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. BOI AXA Equity is significantly underperforming DOW.
     BOI AXA Price Density 
          Price 
    α
    Alpha over DOW
    =0.24
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =17.59
    Ir
    Information ratio =0.12

    BOI AXA Alerts

    BOI AXA Alerts and Suggestions

    BOI AXA Equity is not yet fully synchronised with the market data
    The fund holds about 10.21% of its total net assets in cash

    Price Density Drivers

    BOI AXA Health Indicators

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