Kotak World (India) Probability of Target Price Finishing Over Current Price

Kotak World probability of target price tool provides mechanism to make assumptions about upside and downside potential of Kotak World Gold Dir Div performance during a given time horizon utilizing its historical volatility. Please specify Kotak World time horizon, a valid symbol (red box) and a target price (blue box) you would like Kotak World odds to be computed. Check also Trending Equities.

Current Price	Horizon	Target Price	Odds to move above current price in 30 days
6.73	30 days	6.73	ABOUT 31.04%

Assuming 30 trading days horizon, Kotak World has beta of 0.0404 . This suggests as returns on market go up, Kotak World average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kotak World Gold Dir Div will be expected to be much smaller as well. Additionally The company has an alpha of 0.1624 implying that it can potentially generate 0.1624% excess return over DOW after adjusting for the inherited market risk (beta).

Kotak World Price Density

α	Alpha over DOW	=	0.16	Details
β	Beta against DOW	=	0.0404	Details
σ	Overall volatility	=	3.59	Details
Ir	Information ratio	=	0.03	Details