Max Life (India) Probability of Target Price Finishing Over Current Price

    F00000H6LP -- India Fund  

    INR 20.19  0.02  0.1%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     20.19 30 days 20.19  ABOUT 24.33%
    Based on normal probability distribution, the odds of Max Life to move above current price in 30 days from now is about 24.33% (This Max Life Grp SuperAnnu Conservative probability density function shows the probability of Max Life Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Max Life Grp SuperAnnu Conservative has beta of -0.1032 suggesting as returns on benchmark increase, returns on holding Max Life are expected to decrease at a much smaller rate. During bear market, however, Max Life Grp SuperAnnu Conservative is likely to outperform the market. Additionally Max Life Grp SuperAnnu Conservative has an alpha of 0.0995 implying that it can potentially generate 0.0995% excess return over DOW after adjusting for the inherited market risk (beta).
     Max Life Price Density 
    Alpha over DOW
    Beta against DOW=0.1
    Overall volatility
    Information ratio =0.41

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    Max Life Alerts and Suggestions

    Max Life Grp is not yet fully synchronised with the market data
    The fund retains about 97.9% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.