|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 142.65 ||30 days|| 142.65 || ABOUT 22.72%|
Based on normal probability distribution, the odds of SBI Magnum to move above current price in 30 days from now is about 22.72% (This SBI Magnum Tax Gain 93 Reg Gr probability density function shows the probability of SBI Magnum Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SBI Magnum has beta of 0.6167 suggesting as returns on market go up, SBI Magnum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI Magnum Tax Gain 93 Reg Gr will be expected to be much smaller as well. Additionally SBI Magnum Tax Gain 93 Reg Gr has an alpha of 0.1169 implying that it can potentially generate 0.1169% excess return over DOW after adjusting for the inherited market risk (beta).
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