|Horizon||30 Days Login to change|
Kotak OM Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|18.28||30 days||18.28||ABOUT 30.41%|
Based on normal probability distribution, the odds of Kotak OM to move above current price in 30 days from now is about 30.41% (This Kotak OM Life Peak Guarantee I 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 0.004 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 Peak Guarantee I will be expected to be much smaller as well. Additionally The company has an alpha of 0.0587 implying that it can potentially generate 0.0587% excess return over DOW after adjusting for the inherited market risk (beta).
Kotak OM Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.004|