Canara Robeco (India) Probability of Target Price Finishing Over Current Price

    118300 -- India Fund  

    INR 9.28  0.06  0.65%

    Canara Robeco probability of target price tool provides mechanism to make assumptions about upside and downside potential of Canara Robeco Gold Savings Dir Div performance during a given time horizon utilizing its historical volatility. Please specify Canara Robeco time horizon, a valid symbol (red box) and a target price (blue box) you would like Canara Robeco odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    Canara Robeco Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.28 30 days 9.28  ABOUT 20.74%
    Based on normal probability distribution, the odds of Canara Robeco to move above current price in 30 days from now is about 20.74% (This Canara Robeco Gold Savings Dir Div probability density function shows the probability of Canara Robeco Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Canara Robeco Gold Savings Dir Div has beta of -0.163 . This suggests as returns on benchmark increase, returns on holding Canara Robeco are expected to decrease at a much smaller rate. During bear market, however, Canara Robeco Gold Savings Dir Div 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. Canara Robeco Gold is significantly underperforming DOW.
     Canara Robeco Price Density 
    Alpha over DOW
    Beta against DOW=0.16
    Overall volatility
    Information ratio =0.14

    Canara Robeco Alerts

    Canara Robeco Alerts and Suggestions

    Canara Robeco Gold is not yet fully synchronised with the market data
    The fund generated three year return of -2.0%
    Canara Robeco Gold holds most of the total net assets in various exotic instrument.

    Price Density Drivers

    Canara Robeco Health Indicators

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