|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 59.85 ||30 days|| 59.85 || ABOUT 46.69%|
Based on normal probability distribution, the odds of Tata Balanced to move above current price in 30 days from now is about 46.69% (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 -0.1242 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