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

    F00000H69X -- India Fund  

    INR 25.87  0.01  0.0387%

    ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru Life Protector III 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
     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).
     ICICI Pru Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.015747
    β
    Beta against DOW=0.0079
    σ
    Overall volatility
    =7.56
    Ir
    Information ratio =0.48

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    The fund retains about 12.0% of its assets under management (AUM) in cash

    Price Density Drivers

    ICICI Pru Health Indicators

    Additionally see Investing Opportunities. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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