|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 11.53 ||30 days|| 11.53 || ABOUT 40.08%|
Based on normal probability distribution, the odds of Tata Resources to move above current price in 30 days from now is about 40.08% (This Tata Resources Energy Reg Div Py probability density function shows the probability of Tata Resources Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Tata Resources has beta of 0.1446 . This suggests as returns on market go up, Tata Resources average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tata Resources Energy Reg Div Py will be expected to be much smaller as well. Additionally Tata Resources Energy Reg Div Py has an alpha of 0.2101 implying that it can potentially generate 0.2101% excess return over DOW after adjusting for the inherited market risk (beta).
Tata Resources Price Density