|Horizon||30 Days Login to change|
Sundaram MIP Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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||=||0.01|
|Beta against DOW||=||0.0011|