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

    110606 -- India Fund  

    INR 35.60  2.39  6.29%

    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
     35.60 30 days 35.60  ABOUT 24.57%
    Based on normal probability distribution, the odds of BOI AXA to move above current price in 30 days from now is about 24.57% (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 -0.8513 . This suggests Additionally BOI AXA Equity Reg Bns has an alpha of 0.1961 implying that it can potentially generate 0.1961% excess return over DOW after adjusting for the inherited market risk (beta).
     BOI AXA Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.20
    β
    Beta against DOW=0.85
    σ
    Overall volatility
    =18.69
    Ir
    Information ratio =0.03

    BOI AXA Alerts

    BOI AXA Alerts and Suggestions

    BOI AXA Equity appears to be very risky and stock price may revert if volatility continues
    The fund holds about 10.21% of its total net assets in cash
    Check also Trending Equities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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