DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    F00000213F -- India Fund  

    INR 10.04  0.00  0.00%

    DHFL Pramerica probability of target price tool provides mechanism to make assumptions about upside and downside potential of DHFL Pramerica Low Dur Instl Dl performance during a given time horizon utilizing its historical volatility. Please specify DHFL Pramerica time horizon, a valid symbol (red box) and a target price (blue box) you would like DHFL Pramerica odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    DHFL Pramerica Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.04 30 days 10.04  ABOUT 38.95%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 38.95% (This DHFL Pramerica Low Dur Instl Dl probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica has beta of 0.001 suggesting as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Low Dur Instl Dl will be expected to be much smaller as well. Additionally DHFL Pramerica Low Dur Instl Dl has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.0059
    β
    Beta against DOW=0.001
    σ
    Overall volatility
    =0.008556
    Ir
    Information ratio =2.96

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Low is not yet fully synchronised with the market data
    The fund retains about 71.31% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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