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

    118552 -- India Fund  

    INR 11.76  0.01  0.09%

    Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India Corp Bond Opp Dir Div 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
     11.76 30 days 11.76  ABOUT 15.39%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 15.39% (This Franklin India Corp Bond Opp Dir Div 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 Corp Bond Opp Dir Div has beta of -0.05 . 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 Corp Bond Opp Dir Div is likely to outperform the market. Additionally Franklin India Corp Bond Opp Dir Div has an alpha of 0.0434 implying that it can potentially generate 0.0434% excess return over DOW after adjusting for the inherited market risk (beta).
     Franklin India Price Density 
          Price 
    α
    Alpha over DOW
    =0.043401
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =6.11
    Ir
    Information ratio =0.83

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    Franklin India Corp is not yet fully synchronised with the market data
    The fund holds about 19.47% of its total net assets in cash

    Price Density Drivers

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