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

    118407 -- India Fund  

    INR 38.31  0.01  0.0003%

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

    Current PriceHorizonTarget PriceOdds 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
    Beta against DOW=0.02
    Overall volatility
    Information ratio =0.62

    IDFC SS Alerts

    IDFC SS Alerts and Suggestions

    IDFC SS ST is not yet fully synchronised with the market data
    IDFC SS ST generates negative expected return over the last 30 days
    The fund holds about 26.81% of its total net assets in cash

    Price Density Drivers

    IDFC SS Health Indicators

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