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

119620 -- India Fund  

INR 268.74  12.28  4.37%

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
 268.74 30 days 268.74  ABOUT 27.1%
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 27.1% (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 -0.0655 . 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 an alpha of 0.1678 implying that it can potentially generate 0.1678% excess return over DOW after adjusting for the inherited market risk (beta).
 Birla Sun Price Density 
      Price 
α
Alpha over DOW
=0.17
β
Beta against DOW=0.07
σ
Overall volatility
=160.00
Ir
Information ratio =0.17

Birla Sun Alerts

Birla Sun Alerts and Suggestions

Birla Sun Life is not yet fully synchronised with the market data
The fund holds about 5.08% of its total net assets in cash
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