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

    119856 -- India Fund  

    INR 17.17  0.01  0.06%

    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
     17.17 30 days 17.17  ABOUT 25.46%
    Based on normal probability distribution, the odds of LT ST to move above current price in 30 days from now is about 25.46% (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 has beta of 0.0741 . This suggests as returns on market go up, LT ST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LT ST Opp Dir Gr will be expected to be much smaller as well. Additionally LT ST Opp Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LT ST Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =8.80
    Ir
    Information ratio =1.52

    LT ST Alerts

    LT ST Alerts and Suggestions

    The fund holds about 35.88% of its total net assets in cash
    Check also Trending Equities. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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