LT ST (India) Probability of Target Price Finishing Over Current Price

    119856 -- India Fund  

    INR 17.33  0.04  0.23%

    LT ST probability of target price tool provides mechanism to make assumptions about upside and downside potential of LT ST Opp Dir Gr performance during a given time horizon utilizing its historical volatility. Please specify LT ST time horizon, a valid symbol (red box) and a target price (blue box) you would like LT ST odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    LT ST Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.33 30 days 17.33  ABOUT 30.91%
    Based on normal probability distribution, the odds of LT ST to move above current price in 30 days from now is about 30.91% (This LT ST Opp Dir Gr probability density function shows the probability of LT ST Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LT ST Opp Dir Gr has beta of -0.065 . This suggests as returns on benchmark increase, returns on holding LT ST are expected to decrease at a much smaller rate. During bear market, however, LT ST Opp Dir Gr is likely to outperform the market. Additionally LT ST Opp Dir Gr has an alpha of 0.1772 implying that it can potentially generate 0.1772% excess return over DOW after adjusting for the inherited market risk (beta).
     LT ST Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =7.23
    Ir
    Information ratio =0.38

    LT ST Alerts

    LT ST Alerts and Suggestions

    LT ST Opp is not yet fully synchronised with the market data
    The fund holds about 35.88% of its total net assets in cash

    Price Density Drivers

    LT ST Health Indicators

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