|Horizon||30 Days Login to change|
ICICI Pru Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|27.54||30 days||27.54||ABOUT 33.03%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 33.03% (This ICICI Pru Life Flexi Growth IV probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, ICICI Pru has beta of 0.0063 suggesting as returns on market go up, ICICI Pru average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ICICI Pru Life Flexi Growth IV will be expected to be much smaller as well. Additionally ICICI Pru Life Flexi Growth IV has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
ICICI Pru Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0063|