|Horizon||30 Days Login to change|
DHFL Pramerica Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.17||30 days||13.17||ABOUT 20.0%|
Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 20.0% (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 has beta of 0.0011 . 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 Arbitrage Rg Pl Gr will be expected to be much smaller as well. Additionally The company has an alpha of 0.024 implying that it can potentially generate 0.024% excess return over DOW after adjusting for the inherited market risk (beta).
DHFL Pramerica Price Density
|Alpha over DOW||=||0.023991|
|Beta against DOW||=||0.0011|