Birla Sun (India) Probability of Target Price Finishing Over Current Price

    F00000MI9C -- India Fund  

    INR 17.34  0.24  1.37%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.34 30 days 17.34  ABOUT 99.0%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 99.0% (This Birla Sun Life Finl Pl FOF Cons Gr probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Birla Sun has beta of 0.0677 suggesting as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life Finl Pl FOF Cons Gr will be expected to be much smaller as well. Additionally Birla Sun Life Finl Pl FOF Cons Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Birla Sun Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =0.16
    Ir
    Information ratio =0.025739

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    The fund retains about 48.8% of its assets under management (AUM) in cash

    Price Density Drivers

    Birla Sun Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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