ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru Regular Savings Dir Bns performance during a given time horizon utilizing its historical volatility. Please specify ICICI Pru time horizon, a valid symbol (red box) and a target price (blue box) you would like ICICI Pru odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
ICICI Pru Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||ABOUT 81.38%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 81.38% (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 0.0029 . 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 The company has an alpha of 0.0215 implying that it can potentially generate 0.0215% excess return over DOW after adjusting for the inherited market risk (beta).
ICICI Pru Price Density
|Alpha over DOW||=||0.021477|
|Beta against DOW||=||0.0029|