Sahara Growth (India) Probability of Target Price Finishing Over Current Price

    120289 -- India Fund  

    INR 137.23  9.48  6.46%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     137.23 30 days 137.23  ABOUT 15.44%
    Based on normal probability distribution, the odds of Sahara Growth to move above current price in 30 days from now is about 15.44% (This Sahara Growth Dir Gr probability density function shows the probability of Sahara Growth Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sahara Growth Dir Gr has beta of -0.1296 . This suggests as returns on benchmark increase, returns on holding Sahara Growth are expected to decrease at a much smaller rate. During bear market, however, Sahara Growth Dir Gr is likely to outperform the market. Additionally Sahara Growth Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sahara Growth Price Density 
          Price 
    α
    Alpha over DOW
    =0.0043
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =77.62
    Ir
    Information ratio =0.26

    Sahara Growth Alerts

    Sahara Growth Alerts and Suggestions

    Sahara Growth Dir is not yet fully synchronised with the market data
    The fund holds about 8.32% of its total net assets in cash
    Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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