|Horizon||30 Days Login to change|
Canara Robeco Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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||=||0.1|
|Beta against DOW||=||0.16|