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

    112717 -- India Fund  

    INR 1,864  5.84  0.31%

    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
     1,864 30 days 1,864  ABOUT 15.08%
    Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 15.08% (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 has beta of 0.1904 . This suggests as returns on market go up, Axis Trs average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Axis Trs Adv Retl Gr will be expected to be much smaller as well. Additionally Axis Trs Adv Retl Gr has an alpha of 0.0064 implying that it can potentially generate 0.0064% excess return over DOW after adjusting for the inherited market risk (beta).
     Axis Trs Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.006442
    β
    Beta against DOW=0.19
    σ
    Overall volatility
    =927.48
    Ir
    Information ratio =0.65

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    Axis Trs Alerts and Suggestions

    The fund holds about 77.69% of its total net assets in cash
    Check also Trending Equities. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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