|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.31 ||30 days|| 10.31 || ABOUT 20.12%|
Based on normal probability distribution, the odds of Axis Dynamic to move above current price in 30 days from now is about 20.12% (This Axis Dynamic Bond Qt Div probability density function shows the probability of Axis Dynamic Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Axis Dynamic has beta of 0.0147 . This suggests as returns on market go up, Axis Dynamic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Axis Dynamic Bond Qt Div will be expected to be much smaller as well. Additionally Axis Dynamic Bond Qt Div has an alpha of 0.0041 implying that it can potentially generate 0.0041% excess return over DOW after adjusting for the inherited market risk (beta).
Axis Dynamic Price Density