Kotak OM (India) Probability of Target Price Finishing Over Current Price

    F00000H3OH -- India Fund  

    INR 26.30  0.03  0.11%

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

    Current PriceHorizonTarget PriceOdds 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).
     Kotak OM Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.15
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =12.63
    Ir
    Information ratio =0.11

    Kotak OM Alerts

    Kotak OM Alerts and Suggestions

    Kotak OM Life generates negative expected return over the last 30 days
    The fund retains about 55.72% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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