|Horizon||30 Days Login to change|
Birla Sun Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|17.34||30 days||17.34||ABOUT 72.79%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 72.79% (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 0.0075 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 an alpha of 0.0117 implying that it can potentially generate 0.0117% excess return over DOW after adjusting for the inherited market risk (beta).
Birla Sun Price Density
|Alpha over DOW||=||0.011704|
|Beta against DOW||=||0.0075|