|Horizon||30 Days Login to change|
Axis Dynamic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.55||30 days||10.55||ABOUT 27.83%|
Based on normal probability distribution, the odds of Axis Dynamic to move above current price in 30 days from now is about 27.83% (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 0.0931 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Axis Dynamic Bond is significantly underperforming DOW.
Axis Dynamic Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.09|