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 
          Price 
    α
    Alpha over DOW
    =0.0032
    β
    Beta against DOW=0.0043
    σ
    Overall volatility
    =882.62
    Ir
    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.
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