|Current Price||Horizon||Target Price||Odds 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