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

    F00000MI9C -- India Fund  

     17.85  0.14  0.78%

    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
     17.85 30 days 17.85  ABOUT 12.5%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 12.5% (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 Life Finl Pl FOF Cons Gr has beta of -0.5569 suggesting as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Finl Pl FOF Cons Gr is likely to outperform the market. Additionally Birla Sun Life Finl Pl FOF Cons Gr has an alpha of 0.2487 implying that it can potentially generate 0.2487% excess return over DOW after adjusting for the inherited market risk (beta).
     Birla Sun Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.25
    β
    Beta against DOW=0.56
    σ
    Overall volatility
    =0.20
    Ir
    Information ratio =0.01

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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