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

    F00000PCXL -- India Fund  

    INR 10.36  0.00  0.00%

    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
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    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 33.2%
    Based on normal probability distribution, the odds of JM Money to move above current price in 30 days from now is about 33.2% (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 has beta of 0.0 suggesting the returns on DOW and JM Money do not appear to be highly reactive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
     JM Money Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =3.83
    Ir
    Information ratio =0.00

    JM Money Alerts and Suggestions

    JM Money Manager is not yet fully synchronised with the market data
    JM Money Manager generates negative expected return over the last 30 days
    The fund retains about 79.89% of its assets under management (AUM) in cash

    JM MoneyPrice Density Drivers

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