|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 24.52 ||30 days|| 24.52 || ABOUT 31.24%|
Based on normal probability distribution, the odds of Shriram Life to move above current price in 30 days from now is about 31.24% (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 Conservator has beta of -0.0393 suggesting as returns on benchmark increase, returns on holding Shriram Life are expected to decrease at a much smaller rate. During bear market, however, Shriram Life Conservator is likely to outperform the market. Additionally Shriram Life Conservator has an alpha of 0.0567 implying that it can potentially generate 0.0567% excess return over DOW after adjusting for the inherited market risk (beta).
Shriram Life Price Density
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|Current Price || ||Target Price || |