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

    120513 -- India Fund  

    INR 2,036  2,036  9,223,372,036,855%

    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
     2,036 30 days 2,036  ABOUT 5.91%
    Based on normal probability distribution, the odds of Axis Trs to move above current price in 30 days from now is about 5.91% (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 -0.1382 . 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 Axis Trs Adv Dir Gr has an alpha of 0.0957 implying that it can potentially generate 0.0957% excess return over DOW after adjusting for the inherited market risk (beta).
     Axis Trs Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =948.60
    Ir
    Information ratio =0.28

    Axis Trs Alerts

    Axis Trs Alerts and Suggestions

    Axis Trs Adv has high likelihood to experience some financial distress in the next 2 years
    The fund holds about 77.69% of its total net assets in cash
    Check also Trending Equities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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