|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2,051 ||30 days|| 2,051 || ABOUT 12.57%|
Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 12.57% (This Axis Trs Adv Dir Gr probability density function shows the probability of Axis Trs Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Axis Trs has beta of 0.0362 . This suggests as returns on market go up, Axis Trs average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Axis Trs Adv Dir Gr will be expected to be much smaller as well. Additionally Axis Trs Adv Dir Gr has an alpha of 0.0709 implying that it can potentially generate 0.0709% excess return over DOW after adjusting for the inherited market risk (beta).