|Horizon||30 Days Login to change|
Birla Sun Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|104.56||30 days||104.56||ABOUT 24.12%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 24.12% (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 Life Trs Optimizer Dir Qtr Div has beta of -0.0161 . This suggests as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Trs Optimizer Dir Qtr Div 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. Birla Sun Life is significantly underperforming DOW.
Birla Sun Price Density
|Alpha over DOW||=||0.03|
|Beta against DOW||=||0.02|