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

    BSLGOLDETF -- India Stock  

    INR 2,881  11.00  0.38%

    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
     2,881 30 days 2,881  ABOUT 92.94%
    Based on normal probability distribution, the odds of Aditya Birla to move above current price in 30 days from now is about 92.94% (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 0.2005 . 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 Aditya Birla Sun Life Mutual F has an alpha of 0.1698 implying that it can potentially generate 0.1698% excess return over DOW after adjusting for the inherited market risk (beta).
     Aditya Birla Price Density 
          Price 
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.20
    σ
    Overall volatility
    =50.18
    Ir
    Information ratio =0.15

    Aditya Birla Alerts

    Aditya Birla Alerts and Suggestions

    Aditya Birla Sun is not yet fully synchronised with the market data
    Aditya Birla Sun generates negative expected return over the last 30 days

    Price Density Drivers

    Aditya Birla Health Indicators

    Average Daily Volume Last 10 Day1
    Average Daily Volume In Three Month6
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