LT Emerging (India) Probability of Target Price Finishing Over Current Price

129221 -- India Fund  

INR 19.16  0.22  1.14%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 19.16 30 days 19.16  ABOUT 44.16%
Based on normal probability distribution, the odds of LT Emerging to move above current price in 30 days from now is about 44.16% (This LT Emerging Business Reg Div probability density function shows the probability of LT Emerging Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, LT Emerging Business Reg Div has beta of -0.2157 . This suggests as returns on benchmark increase, returns on holding LT Emerging are expected to decrease at a much smaller rate. During bear market, however, LT Emerging Business Reg Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. LT Emerging Business is significantly underperforming DOW.
 LT Emerging Price Density 
      Price 
α
Alpha over DOW
=0.54
β
Beta against DOW=0.22
σ
Overall volatility
=7.27
Ir
Information ratio =0.32

LT Emerging Alerts and Suggestions

LT Emerging Business is not yet fully synchronised with the market data
LT Emerging Business generates negative expected return over the last 30 days
The fund holds about 14.85% of its total net assets in cash
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