DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    138310 -- India Fund  

    INR 31.81  1.06  3.22%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     31.81 30 days 31.81  ABOUT 40.54%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 40.54% (This DHFL Pramerica Large Cap Wlth Pl Gr Opt probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica Large Cap Wlth Pl Gr Opt has beta of -0.1632 . This suggests as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Large Cap Wlth Pl Gr Opt 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. DHFL Pramerica Large is significantly underperforming DOW.
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.28
    β
    Beta against DOW=0.16
    σ
    Overall volatility
    =11.80
    Ir
    Information ratio =0.12

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Large is not yet fully synchronised with the market data
    The fund holds 96.12% of its total net assets in equities

    DHFL PramericaPrice Density Drivers

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