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

    112717 -- India Fund  

    INR 1,868  0.72  0.0385%

    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 17.12%
    Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 17.12% (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 -0.088 . 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 Axis Trs Adv Retl Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Axis Trs Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =924.74
    Ir
    Information ratio =0.25

    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
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