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

    110606 -- India Fund  

    INR 32.50  0.23  0.71%

    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
     32.50 30 days 32.50  ABOUT 33.01%
    Based on normal probability distribution, the odds of BOI AXA to move above current price in 30 days from now is about 33.01% (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 Equity Reg Bns has beta of -0.2779 . This suggests as returns on benchmark increase, returns on holding BOI AXA are expected to decrease at a much smaller rate. During bear market, however, BOI AXA Equity Reg Bns is likely to outperform the market. Additionally BOI AXA Equity Reg Bns has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BOI AXA Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.28
    σ
    Overall volatility
    =17.88
    Ir
    Information ratio =0.03

    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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