|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 19.08 ||30 days|| 19.08 || ABOUT 31.28%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 31.28% (This ICICI Pru Banking PSU Debt Retl Gr probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, ICICI Pru Banking PSU Debt Retl Gr has beta of -0.0092 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru Banking PSU Debt Retl Gr is likely to outperform the market. Additionally ICICI Pru Banking PSU Debt Retl Gr has an alpha of 0.0661 implying that it can potentially generate 0.0661% excess return over DOW after adjusting for the inherited market risk (beta).
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