|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.22 ||30 days|| 14.22 || ABOUT 7.49%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 7.49% (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 has beta of 0.0437 . This suggests as returns on market go up, ICICI Pru average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ICICI Pru Regular Savings Dir Bns will be expected to be much smaller as well. Additionally ICICI Pru Regular Savings Dir Bns 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).
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