LIC MF (India) Probability of Target Price Finishing Over Current Price

    120263 -- India Fund  

    INR 18.13  0.19  1.06%

    LIC MF probability of target price tool provides mechanism to make assumptions about upside and downside potential of LIC MF Equity Dir Div performance during a given time horizon utilizing its historical volatility. Please specify LIC MF time horizon, a valid symbol (red box) and a target price (blue box) you would like LIC MF odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    LIC MF Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     18.13 30 days 18.13  ABOUT 31.34%
    Based on normal probability distribution, the odds of LIC MF to move above current price in 30 days from now is about 31.34% (This LIC MF Equity Dir Div probability density function shows the probability of LIC MF Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LIC MF has beta of 0.0299 . This suggests as returns on market go up, LIC MF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LIC MF Equity Dir Div will be expected to be much smaller as well. Additionally The company has an alpha of 0.3153 implying that it can potentially generate 0.3153% excess return over DOW after adjusting for the inherited market risk (beta).
     LIC MF Price Density 
          Price 
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=0.0299
    σ
    Overall volatility
    =7.61
    Ir
    Information ratio =0.19

    LIC MF Alerts

    LIC MF Alerts and Suggestions

    LIC MF Equity is not yet fully synchronised with the market data
    The fund holds 97.66% of its total net assets in equities
    Check also Trending Equities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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