|Horizon||30 Days Login to change|
Birla S Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|18.24||30 days||18.24||ABOUT 26.09%|
Based on normal probability distribution, the odds of Birla S to move above current price in 30 days from now is about 26.09% (This Birla S Life Titanium Pls III probability density function shows the probability of Birla S Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Birla S has beta of 0.0454 . This suggests as returns on market go up, Birla S average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla S Life Titanium Pls III will be expected to be much smaller as well. Additionally The company has an alpha of 0.1596 implying that it can potentially generate 0.1596% excess return over DOW after adjusting for the inherited market risk (beta).
Birla S Price Density
|Alpha over DOW||=||0.16|
|Beta against DOW||=||0.0454|