|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.40 ||30 days|| 14.40 || ABOUT 13.48%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 13.48% (This ICICI Pru Regular Savings Dir Bns probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, ICICI Pru Regular Savings Dir Bns has beta of -0.0517 . This suggests as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru Regular Savings Dir Bns is likely to outperform the market. Additionally ICICI Pru Regular Savings Dir Bns has an alpha of 0.0255 implying that it can potentially generate 0.0255% excess return over DOW after adjusting for the inherited market risk (beta).