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

    F00000H5F0 -- India Fund  

    INR 28.07  0.17  0.60%

    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
     28.07 30 days 28.07  ABOUT 23.13%
    Based on normal probability distribution, the odds of Bajaj Allz to move above current price in 30 days from now is about 23.13% (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 0.0092 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 0.0906 implying that it can potentially generate 0.0906% excess return over DOW after adjusting for the inherited market risk (beta).
     Bajaj Allz Price Density 
          Price 
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.0092
    σ
    Overall volatility
    =14.71
    Ir
    Information ratio =0.56

    Bajaj Allz Alerts

    Bajaj Allz Alerts and Suggestions

    Bajaj Allz Life is not yet fully synchronised with the market data
    The fund retains about 15.17% of its assets under management (AUM) in cash

    Price Density Drivers

    Bajaj Allz Health Indicators

    Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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