|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 25.87 ||30 days|| 25.87 || ABOUT 36.9%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 36.9% (This ICICI Pru Life Protector III 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 0.0079 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 Protector III will be expected to be much smaller as well. Additionally ICICI Pru Life Protector III has an alpha of 0.0157 implying that it can potentially generate 0.0157% excess return over DOW after adjusting for the inherited market risk (beta).
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