Tata Resources (India) Probability of Target Price Finishing Over Current Price

    135814 -- India Fund  

    INR 12.29  0.30  2.38%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.29 30 days 12.29  ABOUT 38.7%
    Based on normal probability distribution, the odds of Tata Resources to move above current price in 30 days from now is about 38.7% (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 Energy Reg Div Py has beta of -0.334 . This suggests as returns on benchmark increase, returns on holding Tata Resources are expected to decrease at a much smaller rate. During bear market, however, Tata Resources Energy Reg Div Py is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Tata Resources Energy is significantly underperforming DOW.
     Tata Resources Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.33
    σ
    Overall volatility
    =4.40
    Ir
    Information ratio =0.04

    Tata Resources Alerts and Suggestions

    Tata Resources is not yet fully synchronised with the market data
    The fund holds about 5.3% of its total net assets in cash

    Tata ResourcesPrice Density Drivers

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