HDFC S (India) Probability of Target Price Finishing Over Current Price

    F00000O23T -- India Fund  

    INR 22.53  0.11  0.49%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     22.53 30 days 22.53  ABOUT 34.21%
    Based on normal probability distribution, the odds of HDFC S to move above current price in 30 days from now is about 34.21% (This HDFC S Life Group Life Secure Managed II probability density function shows the probability of HDFC S Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HDFC S Life Group Life Secure Managed II has beta of -0.1262 suggesting as returns on benchmark increase, returns on holding HDFC S are expected to decrease at a much smaller rate. During bear market, however, HDFC S Life Group Life Secure Managed II is likely to outperform the market. Additionally HDFC S Life Group Life Secure Managed II has an alpha of 0.0599 implying that it can potentially generate 0.0599% excess return over DOW after adjusting for the inherited market risk (beta).
     HDFC S Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =7.86
    Ir
    Information ratio =0.67

    HDFC S Alerts

    HDFC S Alerts and Suggestions

    The fund retains about 8.54% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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