|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 132.66 ||30 days|| 132.66 || ABOUT 28.48%|
Based on normal probability distribution, the odds of SBI Magnum to move above current price in 30 days from now is about 28.48% (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 Tax Gain 93 Reg Gr has beta of -0.2034 suggesting as returns on benchmark increase, returns on holding SBI Magnum are expected to decrease at a much smaller rate. During bear market, however, SBI Magnum Tax Gain 93 Reg Gr is likely to outperform the market. Additionally SBI Magnum Tax Gain 93 Reg Gr has an alpha of 0.1741 implying that it can potentially generate 0.1741% excess return over DOW after adjusting for the inherited market risk (beta).