|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.55 ||30 days|| 14.55 || ABOUT 6.5%|
Based on normal probability distribution, the odds of IDBI Gilt to move above current price in 30 days from now is about 6.5% (This IDBI Gilt Fund Dir Gr probability density function shows the probability of IDBI Gilt Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IDBI Gilt Fund Dir Gr has beta of -0.0046 . This suggests as returns on benchmark increase, returns on holding IDBI Gilt are expected to decrease at a much smaller rate. During bear market, however, IDBI Gilt Fund Dir Gr is likely to outperform the market. Additionally IDBI Gilt Fund Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW