|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.00 ||30 days|| 12.00 || ABOUT 25.19%|
Based on normal probability distribution, the odds of Sundaram MIP to move above current price in 30 days from now is about 25.19% (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 -0.0374 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 an alpha of 0.0015 implying that it can potentially generate 0.0015% excess return over DOW after adjusting for the inherited market risk (beta).
Sundaram MIP Price Density
| || |
|Current Price || ||Target Price || |