|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 Life Peak Guarantee I has beta of -0.0365 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 Peak Guarantee I is likely to outperform the market. Additionally Kotak OM Life Peak Guarantee I has an alpha of 0.0598 implying that it can potentially generate 0.0598% excess return over DOW after adjusting for the inherited market risk (beta).