JPMorgan India (India) Probability of Target Price Finishing Over Current Price

    127164 -- India Fund  

    INR 14.65  0.06  0.41%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.65 30 days 14.65  ABOUT 24.19%
    Based on normal probability distribution, the odds of JPMorgan India to move above current price in 30 days from now is about 24.19% (This JPMorgan India Govt Sec Reg Ann Div probability density function shows the probability of JPMorgan India Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, JPMorgan India Govt Sec Reg Ann Div has beta of -0.3891 . This suggests as returns on benchmark increase, returns on holding JPMorgan India are expected to decrease at a much smaller rate. During bear market, however, JPMorgan India Govt Sec Reg Ann Div is likely to outperform the market. Additionally The company has an alpha of 0.0277 implying that it can potentially generate 0.0277% excess return over DOW after adjusting for the inherited market risk (beta).
     JPMorgan India Price Density 
    Alpha over DOW
    Beta against DOW=0.39
    Overall volatility
    Information ratio =0.11

    JPMorgan India Alerts and Suggestions

    JPMorgan India Govt is not yet fully synchronised with the market data
    The fund holds about 5.19% of its total net assets in cash

    JPMorgan IndiaPrice Density Drivers