|Horizon||30 Days Login to change|
Axis Trs Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,868||30 days||1,868||ABOUT 21.23%|
Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 21.23% (This Axis Trs Adv Retl Gr probability density function shows the probability of Axis Trs Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Axis Trs Adv Retl Gr has beta of -0.0043 . This suggests as returns on benchmark increase, returns on holding Axis Trs are expected to decrease at a much smaller rate. During bear market, however, Axis Trs Adv Retl Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Axis Trs Adv is significantly underperforming DOW.
Axis Trs Price Density
|Alpha over DOW||=||0.0032|
|Beta against DOW||=||0.0043|