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

    F00000H5X5 -- India Fund  

    INR 30.16  0.46  1.50%

    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
     30.16 30 days 30.16  ABOUT 11.7%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 11.7% (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 0.098 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =15.06
    Ir
    Information ratio =0.46

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    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
    Additionally see Investing Opportunities. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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