|Horizon||30 Days Login to change|
IDFC SS Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|38.31||30 days||38.31||NEARLY 4.46%|
Based on normal probability distribution, the odds of IDFC SS to move above current price in 30 days from now is nearly 4.46% (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 -0.0181 . 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 The company has an alpha of 0.3798 implying that it can potentially generate 0.3798% excess return over DOW after adjusting for the inherited market risk (beta).
IDFC SS Price Density
|Alpha over DOW||=||0.38|
|Beta against DOW||=||0.02|