Birla S (India) Probability of Target Price Finishing Over Current Price

    BIRLASLIFETI -- India Fund  

    INR 18.75  0.32  1.68%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     18.75 30 days 18.75  ABOUT 18.94%
    Based on normal probability distribution, the odds of Birla S to move above current price in 30 days from now is about 18.94% (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 Life Titanium Pls III has beta of -0.139 . This suggests as returns on benchmark increase, returns on holding Birla S are expected to decrease at a much smaller rate. During bear market, however, Birla S Life Titanium Pls III is likely to outperform the market. Additionally Birla S Life Titanium Pls III has an alpha of 0.2236 implying that it can potentially generate 0.2236% excess return over DOW after adjusting for the inherited market risk (beta).
     Birla S Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.14
    Overall volatility
    Information ratio =0.12

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    The fund holds about 7.6% of its assets under management (AUM) in cash

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    Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.