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

    F000000C40 -- India Fund  

    INR 39.83  0.76  1.87%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     39.83 30 days 39.83  ABOUT 29.35%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 29.35% (This Birla Sun Life Tax Gr probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Birla Sun Life Tax Gr has beta of -1.0E-4 suggesting as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Tax Gr is likely to outperform the market. Additionally Birla Sun Life Tax Gr has an alpha of 0.0452 implying that it can potentially generate 0.0452% excess return over DOW after adjusting for the inherited market risk (beta).
     Birla Sun Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.0001
    Overall volatility
    Information ratio =0.05

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life generates negative expected return over the last 30 days
    The fund retains 96.67% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.