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 
    Alpha over DOW
    Beta against DOW=0.33
    Overall volatility
    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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