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

    135814 -- India Fund  

    INR 11.53  0.96  7.69%

    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
     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 
          Price 
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =5.51
    Ir
    Information ratio =0.033201

    Tata Resources Alerts

    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

    Price Density Drivers

    Tata Resources Health Indicators

    Check also Trending Equities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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