Shriram Life (India) Probability of Target Price Finishing Over Current Price

    F00000H4Z9 -- India Fund  

    INR 24.56  0.02  0.08%

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

    Shriram Life Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     24.56 30 days 24.56  ABOUT 35.43%
    Based on normal probability distribution, the odds of Shriram Life to move above current price in 30 days from now is about 35.43% (This Shriram Life Conservator probability density function shows the probability of Shriram Life Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Shriram Life has beta of 0.0098 suggesting as returns on market go up, Shriram Life average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Shriram Life Conservator will be expected to be much smaller as well. Additionally The company has an alpha of 0.0383 implying that it can potentially generate 0.0383% excess return over DOW after adjusting for the inherited market risk (beta).
     Shriram Life Price Density 
    Alpha over DOW
    Beta against DOW=0.0098
    Overall volatility
    Information ratio =0.16

    Shriram Life Alerts

    Shriram Life Alerts and Suggestions

    Shriram Life is not yet fully synchronised with the market data
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.