|Horizon||30 Days Login to change|
DHFL Pramerica Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|20.52||30 days||20.52||UNDER 4%|
Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is under 4% (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 -0.0087 . 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 The company has an alpha of 0.0139 implying that it can potentially generate 0.0139% excess return over DOW after adjusting for the inherited market risk (beta).
DHFL Pramerica Price Density
|Alpha over DOW||=||0.013924|
|Beta against DOW||=||0.0087|