DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    111556 -- India Fund  

    INR 20.52  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     20.52 30 days 20.52  NEAR 1%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is near 1% (This DHFL Pramerica Sht Mty Instl Pl Gr probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica Sht Mty Instl Pl Gr has beta of -0.0055 . This suggests as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Sht Mty Instl Pl Gr is likely to outperform the market. Additionally DHFL Pramerica Sht Mty Instl Pl Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.0052
    β
    Beta against DOW=0.0055
    σ
    Overall volatility
    =0.006667
    Ir
    Information ratio =2.98

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Sht is not yet fully synchronised with the market data
    The fund holds about 52.13% of its total net assets in cash
    Check also Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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