DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    F00000NMT6 -- India Fund  

    INR 34.14  0.74  2.12%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     34.14 30 days 34.14  ABOUT 19.13%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 19.13% (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 has beta of 0.5175 suggesting as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Large Cap Wlth Pl Gr Opt will be expected to be much smaller as well. Additionally DHFL Pramerica Large Cap Wlth Pl Gr Opt has an alpha of 0.0492 implying that it can potentially generate 0.0492% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.049153
    β
    Beta against DOW=0.52
    σ
    Overall volatility
    =0.44
    Ir
    Information ratio =0.003715

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica Large generates negative expected return over the last 30 days
    The fund retains 96.12% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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