Sundaram MIP (India) Probability of Target Price Finishing Over Current Price

    F00000GV8L -- India Fund  

    INR 12.00  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.00 30 days 12.00  ABOUT 34.85%
    Based on normal probability distribution, the odds of Sundaram MIP to move above current price in 30 days from now is about 34.85% (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 -0.0011 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Sundaram MIP Conserv is significantly underperforming DOW.
     Sundaram MIP Price Density 
    Alpha over DOW
    Beta against DOW=0.0011
    Overall volatility
    Information ratio =1.12

    Sundaram MIP Alerts

    Sundaram MIP Alerts and Suggestions

    Sundaram MIP Conserv is not yet fully synchronised with the market data
    Sundaram MIP Conserv generates negative expected return over the last 30 days

    Price Density Drivers

    Sundaram MIP Health Indicators

    Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.