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

    119556 -- India Fund  

    INR 35.88  0.60  1.64%

    Birla Sun probability of target price tool provides mechanism to make assumptions about upside and downside potential of Birla Sun Life Small Midcap Dir Gr 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
     35.88 30 days 35.88  ABOUT 19.63%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 19.63% (This Birla Sun Life Small Midcap Dir Gr 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 Small Midcap Dir Gr has beta of -0.015 . 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 Small Midcap Dir Gr 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 
          Price 
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =20.43
    Ir
    Information ratio =0.26

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    Birla Sun Life generates negative expected return over the last 30 days
    The fund holds about 7.0% of its total net assets in cash

    Price Density Drivers

    Birla Sun Health Indicators

    Check also Trending Equities. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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