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

    138876 -- India Fund  

    INR 12.96  0.00  0.00%

    DHFL Pramerica probability of target price tool provides mechanism to make assumptions about upside and downside potential of DHFL Pramerica Arbitrage Rg Pl Gr 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
     12.96 30 days 12.96  ABOUT 11.1%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 11.1% (This DHFL Pramerica Arbitrage Rg Pl Gr 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 Arbitrage Rg Pl Gr has beta of -0.0348 . 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 Arbitrage Rg Pl Gr is likely to outperform the market. Additionally DHFL Pramerica Arbitrage Rg Pl Gr has an alpha of 0.0174 implying that it can potentially generate 0.0174% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01738
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =6.37
    Ir
    Information ratio =1.74

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Arbit generates negative expected return over the last 30 days
    The fund holds about 60.66% of its total net assets in cash
    Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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