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

F000000C40 -- India Fund  

INR 38.09  0.32  0.83%

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
 38.09 30 days 38.09  ABOUT 33.53%
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 33.53% (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 -0.2514 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 0.185 implying that it can potentially generate 0.185% excess return over DOW after adjusting for the inherited market risk (beta).
 Birla Sun Price Density 
Alpha over DOW
Beta against DOW=0.25
Overall volatility
Information ratio =0.29

Birla Sun Alerts

Birla Sun Alerts and Suggestions

Birla Sun Life is not yet fully synchronised with the market data
The fund retains 96.67% of its assets under management (AUM) in equities
Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.