Axis Trs (India) Probability of Target Price Finishing Over Current Price

    120513 -- India Fund  

    INR 2,051  3.19  0.16%

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

    Current PriceHorizonTarget PriceOdds 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).
     Axis Trs Price Density 
    Alpha over DOW
    Beta against DOW=0.0362
    Overall volatility
    Information ratio =0.59

    Axis Trs Alerts

    Axis Trs Alerts and Suggestions

    Axis Trs Adv is not yet fully synchronised with the market data
    The fund holds about 77.69% of its total net assets in cash
    Check also Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.