|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 26.69 ||30 days|| 26.69 || ABOUT 29.22%|
Based on normal probability distribution, the odds of Kotak OM to move above current price in 30 days from now is about 29.22% (This Kotak OM Life Dynamic Floating Rate probability density function shows the probability of Kotak OM Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Kotak OM has beta of 0.0304 suggesting as returns on market go up, Kotak OM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kotak OM Life Dynamic Floating Rate will be expected to be much smaller as well. Additionally Kotak OM Life Dynamic Floating Rate has an alpha of 0.0884 implying that it can potentially generate 0.0884% excess return over DOW after adjusting for the inherited market risk (beta).