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

F000000C40 -- India Fund  

INR 37.50  0.98  2.55%

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
 37.50 30 days 37.50  ABOUT 42.82%
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 42.82% (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 has beta of 0.1184 suggesting as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life Tax Gr will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Birla Sun Life is significantly underperforming DOW.
 Birla Sun Price Density 
      Price 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.12
σ
Overall volatility
=12.77
Ir
Information ratio =0.1

Birla Sun Alerts

Birla Sun Alerts and Suggestions

Birla Sun Life is not yet fully synchronised with the market data
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

Price Density Drivers

Birla Sun Health Indicators

Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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