|Current Price||Horizon||Target Price||Odds 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).
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