|Current Price||Horizon||Target Price||Odds 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).
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