Taurus Banking (India) Probability of Target Price Finishing Over Current Price

    F00000O7NI -- India Fund  

    INR 21.41  0.60  2.73%

    Taurus Banking probability of target price tool provides mechanism to make assumptions about upside and downside potential of Taurus Banking Fin Services Gr performance during a given time horizon utilizing its historical volatility. Please specify Taurus Banking time horizon, a valid symbol (red box) and a target price (blue box) you would like Taurus Banking odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Taurus Banking Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     21.41 30 days 21.41  ABOUT 37.75%
    Based on normal probability distribution, the odds of Taurus Banking to move above current price in 30 days from now is about 37.75% (This Taurus Banking Fin Services Gr probability density function shows the probability of Taurus Banking Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Taurus Banking has beta of 0.0316 suggesting as returns on market go up, Taurus Banking average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Banking Fin Services Gr will be expected to be much smaller as well. Additionally Taurus Banking Fin Services Gr has an alpha of 0.2786 implying that it can potentially generate 0.2786% excess return over DOW after adjusting for the inherited market risk (beta).
     Taurus Banking Price Density 
          Price 
    α
    Alpha over DOW
    =0.28
    β
    Beta against DOW=0.0316
    σ
    Overall volatility
    =10.15
    Ir
    Information ratio =0.1

    Taurus Banking Alerts

    Taurus Banking Alerts and Suggestions

    Taurus Banking Fin is not yet fully synchronised with the market data

    Price Density Drivers

    Taurus Banking Health Indicators

    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
    Search macroaxis.com