Birla Sun (India) Probability of Target Price Finishing Over Current Price |
| 119553 -- India Fund | INR 104.58 0.01 0.0096% |
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 |
| Symbol: | Refresh Odds |
Birla Sun Target Price Odds to finish over
| Current Price | Horizon | Target Price | Odds to move above current price in 30 days |
| 104.58 | 30 days | 104.58 | ROUGHLY 2.75% |
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is roughly 2.75% (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 0.0212 . 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 |
α | Alpha over DOW | = | 0.06 | |
β | Beta against DOW | = | 0.0212 | |
σ | Overall volatility | = | 0.19 | |
Ir | Information ratio | = | 0.76 |
Birla Sun Technical Analysis
Birla Sun Predictive Forecast Models
Birla Sun Alerts
Birla Sun Alerts and Suggestions
| The fund holds about 10.48% of its total net assets in cash |
Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
Search macroaxis.com