Franklin India (India) Probability of Target Price Finishing Over Current Price

    118539 -- India Fund  

    INR 71.56  1.84  2.51%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     71.56 30 days 71.56  ABOUT 28.6%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 28.6% (This Franklin India Opportunities Dir Gr probability density function shows the probability of Franklin India Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Franklin India Opportunities Dir Gr has beta of -0.0222 . This suggests as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India Opportunities Dir Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin India Oppor is significantly underperforming DOW.
     Franklin India Price Density 
          Price 
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =36.71
    Ir
    Information ratio =0.27

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    Franklin India Oppor is not yet fully synchronised with the market data
    The fund holds about 5.62% of its total net assets in cash

    Price Density Drivers

    Franklin India Health Indicators

    Check also Trending Equities. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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