|Horizon||30 Days Login to change|
Franklin India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|38.94||30 days||38.94||ABOUT 16.64%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 16.64% (This Franklin India High Growth Cos 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 High Growth Cos Dir Gr has beta of -0.0036 . 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 High Growth Cos 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 High is significantly underperforming DOW.
Franklin India Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.0036|