|Horizon||30 Days Login to change|
Birla Sun Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|18.65||30 days||18.65||ABOUT 17.58%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 17.58% (This Birla Sun Life Glb Real Est 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 Glb Real Est Gr has beta of -0.021 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 Glb Real Est Gr is likely to outperform the market. Additionally The company has an alpha of 0.2103 implying that it can potentially generate 0.2103% excess return over DOW after adjusting for the inherited market risk (beta).
Birla Sun Price Density
|Alpha over DOW||=||0.21|
|Beta against DOW||=||0.02|