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

    120289 -- India Fund  

    INR 158.11  1.17  0.75%

    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
    Refresh Odds

    Sahara Growth Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     158.11 30 days 158.11  ROUGHLY 2.92%
    Based on normal probability distribution, the odds of Sahara Growth to move above current price in 30 days from now is roughly 2.92% (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 -0.1463 . 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 an alpha of 0.0323 implying that it can potentially generate 0.0323% excess return over DOW after adjusting for the inherited market risk (beta).
     Sahara Growth Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.15
    Overall volatility
    Information ratio =0.46

    Sahara Growth Alerts

    Sahara Growth Alerts and Suggestions

    The fund holds about 8.32% of its total net assets in cash
    Check also Trending Equities. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.