Tata Equity (India) Probability of Target Price Finishing Over Current Price

    F00000PDH3 -- India Fund  

    INR 53.25  3.42  6.03%

    Tata Equity probability of target price tool provides mechanism to make assumptions about upside and downside potential of Tata Equity PE Trigger A 5 percent Dir Div performance during a given time horizon utilizing its historical volatility. Please specify Tata Equity time horizon, a valid symbol (red box) and a target price (blue box) you would like Tata Equity odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Tata Equity Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     53.25 30 days 53.25  ABOUT 20.9%
    Based on normal probability distribution, the odds of Tata Equity to move above current price in 30 days from now is about 20.9% (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 PE Trigger A 5 percent Dir Div has beta of -0.0094 suggesting as returns on benchmark increase, returns on holding Tata Equity are expected to decrease at a much smaller rate. During bear market, however, Tata Equity PE Trigger A 5 percent Dir Div is likely to outperform the market. Additionally Tata Equity PE Trigger A 5 percent Dir Div has an alpha of 0.2608 implying that it can potentially generate 0.2608% excess return over DOW after adjusting for the inherited market risk (beta).
     Tata Equity Price Density 
          Price 
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.0094
    σ
    Overall volatility
    =31.29
    Ir
    Information ratio =0.58

    Tata Equity Alerts

    Tata Equity Alerts and Suggestions

    Tata Equity PE is not yet fully synchronised with the market data
    The fund retains 95.1% of its assets under management (AUM) in equities

    Price Density Drivers

    Tata Equity Health Indicators

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