IDFC Money (India) Probability of Target Price Finishing Over Current Price

    118380 -- India Fund  

    INR 11.64  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.64 30 days 11.64  ABOUT 13.61%
    Based on normal probability distribution, the odds of IDFC Money to move above current price in 30 days from now is about 13.61% (This IDFC Money Mgr Invmt Dir Pd Div probability density function shows the probability of IDFC Money Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IDFC Money has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and IDFC Money are completely uncorrelated. Additionally IDFC Money Mgr Invmt Dir Pd DivIt does not look like IDFC Money alpha can have any bearing on the equity current valuation.
     IDFC Money Price Density 
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

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