DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 91.74%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 91.74% (This DHFL Pramerica Insta Csh Pls Ann Bns Opt probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica Insta Csh Pls Ann Bns Opt has beta of -0.022 . This suggests as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Insta Csh Pls Ann Bns Opt is likely to outperform the market. Additionally The company has an alpha of 0.0778 implying that it can potentially generate 0.0778% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =64.86
    Ir
    Information ratio =0.63

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Insta is not yet fully synchronised with the market data
    DHFL Pramerica Insta has some characteristics of a very speculative penny stock
    The fund holds about 100.0% of its total net assets in cash
    Check also Trending Equities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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