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

    F00000H5X5 -- India Fund  

    INR 28.91  0.02  0.07%

    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
     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
     ICICI Pru Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =14.96
    Ir
    Information ratio =0.31

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    ICICI Pru Life is not yet fully synchronised with the market data
    The fund retains about 6.52% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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