|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 24.56 ||30 days|| 24.56 || ABOUT 31.26%|
Based on normal probability distribution, the odds of Shriram Life to move above current price in 30 days from now is about 31.26% (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 0.0137 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 Shriram Life Conservator has an alpha of 0.0566 implying that it can potentially generate 0.0566% excess return over DOW after adjusting for the inherited market risk (beta).
Shriram Life Price Density