|Current Price||Horizon||Target Price||Odds 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).
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