ICICI Pru (India) Probability of Target Price Finishing Over Current Price

    F00000H5X5 -- India Fund  

    INR 27.54  0.20  0.72%

    ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru Life Flexi Growth IV performance during a given time horizon utilizing its historical volatility. Please specify ICICI Pru time horizon, a valid symbol (red box) and a target price (blue box) you would like ICICI Pru odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    ICICI Pru Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.0063
    σ
    Overall volatility
    =14.02
    Ir
    Information ratio =0.19

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    ICICI Pru Life is not yet fully synchronised with the market data
    ICICI Pru Life generates negative expected return over the last 30 days
    The fund retains about 6.52% of its assets under management (AUM) in cash

    Price Density Drivers

    ICICI Pru Health Indicators

    Additionally see Investing Opportunities. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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