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

    DWSMIPAACC -- India Fund  

    INR 30.11  0.34  1.12%

    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
     30.11 30 days 30.11  ABOUT 30.93%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 30.93% (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 Equity Inc Gr Opt has beta of -0.0176 suggesting as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Equity Inc Gr Opt is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. DHFL Pramerica Equity is significantly underperforming DOW.
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =12.91
    Ir
    Information ratio =0.09

    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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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