|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 28.37 ||30 days|| 28.37 || ABOUT 18.81%|
Based on normal probability distribution, the odds of Kotak Opportunities to move above current price in 30 days from now is about 18.81% (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 -0.6074 . 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
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|Current Price || ||Target Price || |