SBI Small (India) Probability of Target Price Finishing Over Current Price

F000003ZCH -- India Fund  

INR 47.43  0.002598  0.0055%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 47.43 30 days 47.43  ABOUT 39.55%
Based on normal probability distribution, the odds of SBI Small to move above current price in 30 days from now is about 39.55% (This SBI Small Midcap Reg Gr probability density function shows the probability of SBI Small Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SBI Small Midcap Reg Gr has beta of -0.1008 suggesting as returns on benchmark increase, returns on holding SBI Small are expected to decrease at a much smaller rate. During bear market, however, SBI Small Midcap Reg Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SBI Small Midcap is significantly underperforming DOW.
 SBI Small Price Density 
      Price 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.1
σ
Overall volatility
=17.24
Ir
Information ratio =0.04

SBI Small Alerts and Suggestions

SBI Small Midcap is not yet fully synchronised with the market data
The fund retains about 8.88% of its assets under management (AUM) in cash

SBI SmallPrice Density Drivers

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