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

    BSLGOLDETF -- India Stock  

    INR 3,025  11.00  0.36%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3,025 30 days 3,025  NEARLY 4.95%
    Based on normal probability distribution, the odds of Aditya Birla to move above current price in 30 days from now is nearly 4.95% (This Aditya Birla Sun Life Mutual F probability density function shows the probability of Aditya Birla Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Aditya Birla has beta of 0.059 . This suggests as returns on market go up, Aditya Birla average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aditya Birla Sun Life Mutual F will be expected to be much smaller as well. Additionally The company has an alpha of 0.0606 implying that it can potentially generate 0.0606% excess return over DOW after adjusting for the inherited market risk (beta).
     Aditya Birla Price Density 
    Alpha over DOW
    Beta against DOW=0.06
    Overall volatility
    Information ratio =0.0067

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    Average Daily Volume Last 10 Day2
    Average Daily Volume In Three Month5
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