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

    F000003ZCH -- India Fund  

    INR 54.09  0.69  1.26%

    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
     54.09 30 days 54.09  ABOUT 26.4%
    Based on normal probability distribution, the odds of SBI Small to move above current price in 30 days from now is about 26.4% (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 -0.5266 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 an alpha of 0.2145 implying that it can potentially generate 0.2145% excess return over DOW after adjusting for the inherited market risk (beta).
     SBI Small Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.53
    σ
    Overall volatility
    =24.31
    Ir
    Information ratio =0.03

    SBI Small Alerts

    SBI Small Alerts and Suggestions

    SBI Small Midcap generates negative expected return over the last 30 days
    The fund retains about 8.65% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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