|Horizon||30 Days Login to change|
Tata Resources Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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 -0.1557 . 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 Tata Resources Energy Reg Div Py has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Tata Resources Price Density
|Alpha over DOW||=||0.21|
|Beta against DOW||=||0.16|