|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 7.32 ||30 days|| 7.32 || ABOUT 20.24%|
Based on normal probability distribution, the odds of Kotak World to move above current price in 30 days from now is about 20.24% (This Kotak World Gold Dir Div probability density function shows the probability of Kotak World Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Kotak World Gold Dir Div has beta of -2.4117 . This suggests as returns on its benchmark rise, returns on holding Kotak World Gold Dir Div are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kotak World is expected to outperform its benchmark. Additionally Kotak World Gold Dir Div has an alpha of 0.6688 implying that it can potentially generate 0.6688% excess return over DOW after adjusting for the inherited market risk (beta).
Kotak World Price Density
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|Current Price || ||Target Price || |