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

    130826 -- India Fund  

    INR 12.67  0.38  2.91%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.67 30 days 12.67  ABOUT 35.54%
    Based on normal probability distribution, the odds of LT Business to move above current price in 30 days from now is about 35.54% (This LT Business Cycles Reg Div probability density function shows the probability of LT Business Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LT Business Cycles Reg Div has beta of -0.0963 . This suggests as returns on benchmark increase, returns on holding LT Business are expected to decrease at a much smaller rate. During bear market, however, LT Business Cycles 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 Business Cycles is significantly underperforming DOW.
     LT Business Price Density 
    Alpha over DOW
    Beta against DOW=0.1
    Overall volatility
    Information ratio =0.14

    LT Business Alerts

    LT Business Alerts and Suggestions

    LT Business Cycles is not yet fully synchronised with the market data
    LT Business Cycles generates negative expected return over the last 30 days
    The fund holds 96.32% of its total net assets in equities

    Price Density Drivers

    LT Business Health Indicators

    Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.