Bajaj Allz (India) Probability of Target Price Finishing Over Current Price

F00000H5F0 -- India Fund  

INR 29.06  0.24  0.82%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 29.06 30 days 29.06  ABOUT 22.52%
Based on normal probability distribution, the odds of Bajaj Allz to move above current price in 30 days from now is about 22.52% (This Bajaj Allz Life Asset Allocation probability density function shows the probability of Bajaj Allz Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Bajaj Allz has beta of 0.0506 suggesting as returns on market go up, Bajaj Allz average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Bajaj Allz Life Asset Allocation will be expected to be much smaller as well. Additionally Bajaj Allz Life Asset Allocation has an alpha of 0.0793 implying that it can potentially generate 0.0793% excess return over DOW after adjusting for the inherited market risk (beta).
 Bajaj Allz Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.08
β
Beta against DOW=0.05
σ
Overall volatility
=14.20
Ir
Information ratio =0.02

Bajaj Allz Alerts

Bajaj Allz Alerts and Suggestions

Bajaj Allz Life generates negative expected return over the last 30 days
The fund retains about 15.17% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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