|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 25.07 ||30 days|| 25.07 || ABOUT 87.68%|
Based on normal probability distribution, the odds of Kotak Opportunities to move above current price in 30 days from now is about 87.68% (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 has beta of 0.289 . This suggests as returns on market go up, Kotak Opportunities average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kotak Opportunities Dir Div will be expected to be much smaller as well. 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