|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 37.10 ||30 days|| 37.10 || ABOUT 38.17%|
Based on normal probability distribution, the odds of IDFC SS to move above current price in 30 days from now is about 38.17% (This IDFC SS Inc ST Dir Gr probability density function shows the probability of IDFC SS Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IDFC SS Inc ST Dir Gr has beta of -0.0837 . This suggests as returns on benchmark increase, returns on holding IDFC SS are expected to decrease at a much smaller rate. During bear market, however, IDFC SS Inc ST Dir Gr is likely to outperform the market. Additionally IDFC SS Inc ST Dir Gr has an alpha of 0.1834 implying that it can potentially generate 0.1834% excess return over DOW after adjusting for the inherited market risk (beta).