Tata Balanced (India) Probability of Target Price Finishing Over Current Price

F00000MUQK -- India Fund  

INR 59.85  1.60  2.60%

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

Current PriceHorizonTarget PriceOdds 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 
Alpha over DOW
Beta against DOW=0.12
Overall volatility
Information ratio =0.19

Tata Balanced Alerts

Tata Balanced Alerts and Suggestions

Tata Balanced Reg is not yet fully synchronised with the market data
The fund retains about 8.64% of its assets under management (AUM) in cash

Price Density Drivers

Tata Balanced Health Indicators

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