|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.00 ||30 days|| 12.00 || ABOUT 27.46%|
Based on normal probability distribution, the odds of Sundaram MIP to move above current price in 30 days from now is about 27.46% (This Sundaram MIP Conservative Qt div probability density function shows the probability of Sundaram MIP Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Sundaram MIP Conservative Qt div has beta of -0.001 suggesting as returns on benchmark increase, returns on holding Sundaram MIP are expected to decrease at a much smaller rate. During bear market, however, Sundaram MIP Conservative Qt div is likely to outperform the market. Additionally Sundaram MIP Conservative Qt div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Sundaram MIP Price Density