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

    BIRLASLIFETI -- India Fund  

    INR 18.24  0.04  0.22%

    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
     18.24 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 
          Price 
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.0454
    σ
    Overall volatility
    =8.64
    Ir
    Information ratio =0.04

    Birla S Alerts

    Birla S Alerts and Suggestions

    Birla S Life is not yet fully synchronised with the market data
    The fund holds about 7.6% of its assets under management (AUM) in cash

    Price Density Drivers

    Birla S Health Indicators

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