JM Money (India) Probability of Target Price Finishing Over Current Price

    F00000PCXL -- India Fund  

    INR 10.36  0.01  0.001%

    JM Money probability of target price tool provides mechanism to make assumptions about upside and downside potential of JM Money Manager Super Plus Dir Fr Div performance during a given time horizon utilizing its historical volatility. Please specify JM Money time horizon, a valid symbol (red box) and a target price (blue box) you would like JM Money odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Refresh Odds

    JM Money Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.36 30 days 10.36  ABOUT 34.7%
    Based on normal probability distribution, the odds of JM Money to move above current price in 30 days from now is about 34.7% (This JM Money Manager Super Plus Dir Fr Div probability density function shows the probability of JM Money Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, JM Money Manager Super Plus Dir Fr Div has beta of -0.0072 suggesting as returns on benchmark increase, returns on holding JM Money are expected to decrease at a much smaller rate. During bear market, however, JM Money Manager Super Plus Dir Fr Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. JM Money Manager is significantly underperforming DOW.
     JM Money Price Density 
    Alpha over DOW
    Beta against DOW=0.0072
    Overall volatility
    Information ratio =0.70

    JM Money Alerts

    JM Money Alerts and Suggestions

    JM Money Manager is not yet fully synchronised with the market data
    The fund retains about 80.29% of its assets under management (AUM) in cash

    Price Density Drivers

    JM Money Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.