DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    DWSMIPAACC -- India Fund  

    INR 30.17  0.10  0.33%

    DHFL Pramerica probability of target price tool provides mechanism to make assumptions about upside and downside potential of DHFL Pramerica Equity Inc Gr Opt performance during a given time horizon utilizing its historical volatility. Please specify DHFL Pramerica time horizon, a valid symbol (red box) and a target price (blue box) you would like DHFL Pramerica odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    DHFL Pramerica Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     30.17 30 days 30.17  ABOUT 28.24%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 28.24% (This DHFL Pramerica Equity Inc Gr Opt probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica has beta of 0.072 suggesting as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Equity Inc Gr Opt will be expected to be much smaller as well. Additionally DHFL Pramerica Equity Inc Gr Opt has an alpha of 0.1595 implying that it can potentially generate 0.1595% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
    Alpha over DOW
    Beta against DOW=0.07
    Overall volatility
    Information ratio =0.44

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica is not yet fully synchronised with the market data
    DHFL Pramerica generates negative expected return over the last 30 days
    The fund retains about 53.46% of its assets under management (AUM) in cash

    Price Density Drivers

    DHFL Pramerica Health Indicators

    Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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