Axis Trs (India) Probability of Target Price Finishing Over Current Price

    112717 -- India Fund  

    INR 1,868  0.72  0.0004%

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

    Current PriceHorizonTarget PriceOdds 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
    Beta against DOW=0.0043
    Overall volatility
    Information ratio =0.17

    Axis Trs Alerts

    Axis Trs Alerts and Suggestions

    Axis Trs Adv is not yet fully synchronised with the market data
    The fund holds about 77.69% of its total net assets in cash
    Check also Trending Equities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.