|Horizon||30 Days Login to change|
Axis Trs Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|2,071||30 days||2,071||ABOUT 14.22%|
Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 14.22% (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 Adv Dir Gr has beta of -0.0013 . This suggests as returns on benchmark increase, returns on holding Axis Trs are expected to decrease at a much smaller rate. During bear market, however, Axis Trs Adv Dir Gr is likely to outperform the market. Additionally The company has an alpha of 0.0623 implying that it can potentially generate 0.0623% excess return over DOW after adjusting for the inherited market risk (beta).
Axis Trs Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0013|