|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 26.30 ||30 days|| 26.30 || ABOUT 26.33%|
Based on normal probability distribution, the odds of Kotak OM to move above current price in 30 days from now is about 26.33% (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 Life Dynamic Floating Rate has beta of -0.0972 suggesting as returns on benchmark increase, returns on holding Kotak OM are expected to decrease at a much smaller rate. During bear market, however, Kotak OM Life Dynamic Floating Rate is likely to outperform the market. Additionally Kotak OM Life Dynamic Floating Rate has an alpha of 0.1483 implying that it can potentially generate 0.1483% excess return over DOW after adjusting for the inherited market risk (beta).
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