LIC MF probability of target price tool provides mechanism to make assumptions about upside and downside potential of LIC MF ULIS 10Y RP RC Dir HY Div performance during a given time horizon utilizing its historical volatility. Please specify LIC MF time horizon, a valid symbol (red box) and a target price (blue box) you would like LIC MF odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
LIC MF 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||UNDER 95%|
Based on normal probability distribution, the odds of LIC MF to move above current price in 30 days from now is under 95% (This LIC MF ULIS 10Y RP RC Dir HY Div probability density function shows the probability of LIC MF Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, LIC MF has beta of 0.0262 . This suggests as returns on market go up, LIC MF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LIC MF ULIS 10Y RP RC Dir HY Div will be expected to be much smaller as well. Additionally The company has an alpha of 0.1175 implying that it can potentially generate 0.1175% excess return over DOW after adjusting for the inherited market risk (beta).
LIC MF Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.0262|