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

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.

Current Price	Horizon	Target Price	Odds to move above current price in 30 days
104.56	30 days	104.56	ABOUT 24.12%

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

α	Alpha over DOW	=	0.03	Details
β	Beta against DOW	=	0.02	Details
σ	Overall volatility	=	0.58	Details
Ir	Information ratio	=	0.11	Details