|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 62.16 ||30 days|| 62.16 || ABOUT 10.99%|
Based on normal probability distribution, the odds of Tata Equity to move above current price in 30 days from now is about 10.99% (This Tata Equity PE Trigger A 5 percent Dir Div probability density function shows the probability of Tata Equity Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Tata Equity has beta of 0.4884 suggesting as returns on market go up, Tata Equity average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tata Equity PE Trigger A 5 percent Dir Div will be expected to be much smaller as well. Additionally Tata Equity PE Trigger A 5 percent Dir Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Tata Equity Price Density
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|Current Price || ||Target Price || |