Peerless Equity (India) Probability of Target Price Finishing Over Current Price

135657 -- India Fund  

INR 14.45  0.13  0.89%

Peerless Equity probability of target price tool provides mechanism to make assumptions about upside and downside potential of Peerless Equity Half Yrly Div performance during a given time horizon utilizing its historical volatility. Please specify Peerless Equity time horizon, a valid symbol (red box) and a target price (blue box) you would like Peerless Equity odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
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Peerless Equity Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 14.45 30 days 14.45  NEAR 1%
Based on normal probability distribution, the odds of Peerless Equity to move above current price in 30 days from now is near 1% (This Peerless Equity Half Yrly Div probability density function shows the probability of Peerless Equity Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Peerless Equity has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Peerless Equity are completely uncorrelated. Additionally Peerless Equity Half Yrly DivIt does not look like Peerless Equity alpha can have any bearing on the equity current valuation.
 Peerless Equity Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=4.38
Ir
Information ratio =0.00

Peerless Equity Alerts

Peerless Equity Alerts and Suggestions

Peerless Equity Half generates negative expected return over the last 30 days
The fund holds 97.16% of its total net assets in equities
Check also Trending Equities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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