|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 70.49 ||30 days|| 70.49 || ABOUT 27.98%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 27.98% (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 -0.0217 . 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 Franklin India Opportunities Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Franklin India Price Density