LT Gilt (India) Probability of Target Price Finishing Over Current Price

    112428 -- India Fund  

    INR 11.83  0.02  0.17%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.83 30 days 11.83  ABOUT 38.31%
    Based on normal probability distribution, the odds of LT Gilt to move above current price in 30 days from now is about 38.31% (This LT Gilt Qt Div probability density function shows the probability of LT Gilt Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LT Gilt Qt Div has beta of -0.3761 . This suggests as returns on benchmark increase, returns on holding LT Gilt are expected to decrease at a much smaller rate. During bear market, however, LT Gilt Qt Div is likely to outperform the market. Additionally LT Gilt Qt Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LT Gilt Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0048
    β
    Beta against DOW=0.38
    σ
    Overall volatility
    =3.49
    Ir
    Information ratio =0.2

    LT Gilt Alerts

    LT Gilt Alerts and Suggestions

    LT Gilt Qt generates negative expected return over the last 30 days
    The fund holds about 95.0% of its total net assets in fixed income securities
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