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

F000003ZCH -- India Fund  

INR 49.74  0.61  1.24%

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
 49.74 30 days 49.74  ABOUT 33.77%
Based on normal probability distribution, the odds of SBI Small to move above current price in 30 days from now is about 33.77% (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 has beta of 0.1506 suggesting as returns on market go up, SBI Small average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI Small Midcap Reg Gr will be expected to be much smaller as well. Additionally SBI Small Midcap Reg Gr has an alpha of 0.2023 implying that it can potentially generate 0.2023% excess return over DOW after adjusting for the inherited market risk (beta).
 SBI Small Price Density 
      Price 
α
Alpha over DOW
=0.20
β
Beta against DOW=0.15
σ
Overall volatility
=24.72
Ir
Information ratio =0.05

SBI Small Alerts

SBI Small Alerts and Suggestions

SBI Small Midcap is not yet fully synchronised with the market data
The fund retains about 8.65% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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