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

F000003ZCH -- India Fund  

INR 50.11  0.18  0.36%

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
 50.11 30 days 50.11  ABOUT 43.23%
Based on normal probability distribution, the odds of SBI Small to move above current price in 30 days from now is about 43.23% (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 -0.1969 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 SBI Small Midcap Reg Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
 SBI Small Price Density 
      Price 
α
Alpha over DOW
=0.42
β
Beta against DOW=0.2
σ
Overall volatility
=19.06
Ir
Information ratio =0.1

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

Price Density Drivers

SBI Small Health Indicators

Additionally see Investing Opportunities. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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