LT Flexi probability of target price tool provides mechanism to make assumptions about upside and downside potential of LT Flexi Bond Reg Ann Div performance during a given time horizon utilizing its historical volatility. Please specify LT Flexi time horizon, a valid symbol (red box) and a target price (blue box) you would like LT Flexi odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
LT Flexi 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||CLOSE TO 99%|
Based on normal probability distribution, the odds of LT Flexi to move above current price in 30 days from now is close to 99% (This LT Flexi Bond Reg Ann Div probability density function shows the probability of LT Flexi Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, LT Flexi Bond Reg Ann Div has beta of -0.0056 . This suggests as returns on benchmark increase, returns on holding LT Flexi are expected to decrease at a much smaller rate. During bear market, however, LT Flexi Bond Reg Ann Div is likely to outperform the market. Additionally The company has an alpha of 0.1539 implying that it can potentially generate 0.1539% excess return over DOW after adjusting for the inherited market risk (beta).
LT Flexi Price Density
|Alpha over DOW||=||0.15|
|Beta against DOW||=||0.0056|