|Horizon||30 Days Login to change|
Kotak Opportunities Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|25.77||30 days||25.77||ABOUT 73.28%|
Based on normal probability distribution, the odds of Kotak Opportunities to move above current price in 30 days from now is about 73.28% (This Kotak Opportunities Dir Div probability density function shows the probability of Kotak Opportunities Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Kotak Opportunities Dir Div has beta of -0.4733 . This suggests as returns on benchmark increase, returns on holding Kotak Opportunities are expected to decrease at a much smaller rate. During bear market, however, Kotak Opportunities Dir Div is likely to outperform the market. Additionally Kotak Opportunities Dir Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Kotak Opportunities Price Density
|Alpha over DOW||=||0.6|
|Beta against DOW||=||0.47|