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

    119620 -- India Fund  

    INR 306.08  0.95  0.31%

    Birla Sun probability of target price tool provides mechanism to make assumptions about upside and downside potential of Birla Sun Life Mid Cap 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
     306.08 30 days 306.08  ABOUT 19.96%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 19.96% (This Birla Sun Life Mid Cap 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 Mid Cap Dir Gr has beta of -0.1343 . 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 Mid Cap Dir Gr is likely to outperform the market. Additionally Birla Sun Life Mid Cap Dir Gr 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =160.00
    Ir
    Information ratio =0.18

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    The fund holds about 5.08% of its total net assets in cash
    Check also Trending Equities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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