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

    138310 -- India Fund  

    INR 33.50  0.36  1.06%

    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
     33.50 30 days 33.50  ABOUT 33.39%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 33.39% (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 has beta of 0.324 . This suggests as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Large Cap Wlth Pl Gr Opt will be expected to be much smaller as well. Additionally DHFL Pramerica Large Cap Wlth Pl Gr Opt has an alpha of 0.1848 implying that it can potentially generate 0.1848% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.32
    σ
    Overall volatility
    =13.68
    Ir
    Information ratio =0.030878

    DHFL Pramerica Alerts

    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
    Check also Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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