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

    120025 -- India Fund  

    INR 22.44  0.04  0.18%

    Birla Sun probability of target price tool provides mechanism to make assumptions about upside and downside potential of Birla Sun Life Finl Pl FOF Agg 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
    Symbol:
    Refresh Odds

    Birla Sun Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     22.44 30 days 22.44  ABOUT 34.23%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 34.23% (This Birla Sun Life Finl Pl FOF Agg 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 has beta of 0.8935 . This suggests Birla Sun Life Finl Pl FOF Agg Dir Gr market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Birla Sun is expected to follow. Additionally Birla Sun Life Finl Pl FOF Agg 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 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.89
    σ
    Overall volatility
    =9.28
    Ir
    Information ratio =0.07

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    The fund holds about 19.65% of its total net assets in cash
    Check also Trending Equities. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
    Search macroaxis.com