|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 28.91 ||30 days|| 28.91 || ABOUT 13.15%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 13.15% (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 Life Flexi Growth IV has beta of -0.0856 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru Life Flexi Growth IV is likely to outperform the market. 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