BNP Paribas (India) Probability of Target Price Finishing Over Current Price

    F00000NS2I -- India Fund  

    INR 10.13  0.01  0.1%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.13 30 days 10.13  ABOUT 37.38%
    Based on normal probability distribution, the odds of BNP Paribas to move above current price in 30 days from now is about 37.38% (This BNP Paribas ST Income Qt Div probability density function shows the probability of BNP Paribas Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNP Paribas has beta of 0.0514 suggesting as returns on market go up, BNP Paribas average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BNP Paribas ST Income Qt Div will be expected to be much smaller as well. Additionally BNP Paribas ST Income Qt Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BNP Paribas Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =2.97
    Ir
    Information ratio =0.55

    BNP Paribas Alerts

    BNP Paribas Alerts and Suggestions

    The fund retains about 53.89% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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