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

F00000H5F0 -- India Fund  

INR 28.30  0.0003  0.0011%

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 Bajaj Allz Backtesting, Portfolio Optimization, Bajaj Allz Correlation, Bajaj Allz Hype Analysis, Bajaj Allz Volatility, Bajaj Allz History as well as Bajaj Allz Performance.
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
 28.30 30 days 28.30  ABOUT 32.37%
Based on normal probability distribution, the odds of Bajaj Allz to move above current price in 30 days from now is about 32.37% (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 Life Asset Allocation has beta of -0.0222 suggesting as returns on benchmark increase, returns on holding Bajaj Allz are expected to decrease at a much smaller rate. During bear market, however, Bajaj Allz Life Asset Allocation is likely to outperform the market. Additionally The company has an alpha of 0.0174 implying that it can potentially generate 0.0174% excess return over DOW after adjusting for the inherited market risk (beta).
 Bajaj Allz Price Density 
      Price 
α
Alpha over DOW
=0.017402
β
Beta against DOW=0.02
σ
Overall volatility
=11.08
Ir
Information ratio =0.77

Bajaj Allz Alerts

Bajaj Allz Alerts and Suggestions

The fund retains about 6.54% of its assets under management (AUM) in cash

Price Density Drivers

Bajaj Allz Health Indicators

Additionally see Bajaj Allz Backtesting, Portfolio Optimization, Bajaj Allz Correlation, Bajaj Allz Hype Analysis, Bajaj Allz Volatility, Bajaj Allz History as well as Bajaj Allz Performance. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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