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  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
    Beta against DOW=0.0087
    Overall volatility
    Information ratio =1.02

    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

    Price Density Drivers

    DHFL Pramerica Health Indicators

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