|Horizon||30 Days Login to change|
DHFL Pramerica Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|35.38||30 days||35.38||NEAR 1%|
Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is near 1% (This DHFL Pramerica Large Cap Wlth Pl Gr Opt probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, DHFL Pramerica Large Cap Wlth Pl Gr Opt has beta of -0.0877 suggesting as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Large Cap Wlth Pl Gr Opt is likely to outperform the market. Additionally The company has an alpha of 0.1302 implying that it can potentially generate 0.1302% excess return over DOW after adjusting for the inherited market risk (beta).
DHFL Pramerica Price Density
|Alpha over DOW||=||0.13|
|Beta against DOW||=||0.09|