Birla Sun (India) Probability of Target Price Finishing Over Current Price

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Fund Birla Sun Life Trs Optimizer Dir Qtr Div
    119553 -- India Fund  

    INR 104.08  0.11  0.11%

    Birla Sun probability of target price tool provides mechanism to make assumptions about upside and downside potential of Birla Sun Life Trs Optimizer Dir Qtr Div performance during a given time horizon utilizing its historical volatility. Please specify Birla Sun time horizon, a valid symbol (red box) and a target price (blue box) you would like Birla Sun odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    Birla Sun Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     104.08 30 days 104.08  ABOUT 49.43%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 49.43% (This Birla Sun Life Trs Optimizer Dir Qtr Div probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Birla Sun has beta of 0.1388 . This suggests as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life Trs Optimizer Dir Qtr Div will be expected to be much smaller as well. Additionally Birla Sun Life Trs Optimizer Dir Qtr Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Birla Sun Price Density 
          Price 
    α
    Alpha over DOW    		=0.1
    β
    		Beta against DOW=0.14
    σ
    Overall volatility    		=0.69
    Ir
    		Information ratio =0.04

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    The fund holds about 10.48% of its total net assets in cash

    Price Density Drivers

    Birla Sun Health Indicators

    Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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