|Horizon||30 Days Login to change|
Tata Balanced Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|59.85||30 days||59.85||ABOUT 58.53%|
Based on normal probability distribution, the odds of Tata Balanced to move above current price in 30 days from now is about 58.53% (This Tata Balanced Reg Mn Div probability density function shows the probability of Tata Balanced Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Tata Balanced Reg Mn Div has beta of -0.0394 suggesting as returns on benchmark increase, returns on holding Tata Balanced are expected to decrease at a much smaller rate. During bear market, however, Tata Balanced Reg Mn Div is likely to outperform the market. Additionally Tata Balanced Reg Mn Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Tata Balanced Price Density
|Alpha over DOW||=||0.3|
|Beta against DOW||=||0.04|