|Current Price||Horizon||Target Price||Odds 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).
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