UTI Long (India) Probability of Target Price Finishing Over Current Price

    F00000PDLD -- India Fund  

    INR 23.36  0.07  0.30%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     23.36 30 days 23.36  ABOUT 48.05%
    Based on normal probability distribution, the odds of UTI Long to move above current price in 30 days from now is about 48.05% (This UTI Long Term Equity Dir Div probability density function shows the probability of UTI Long Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, UTI Long Term Equity Dir Div has beta of -0.7944 suggesting as returns on benchmark increase, returns on holding UTI Long are expected to decrease at a much smaller rate. During bear market, however, UTI Long Term Equity Dir 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. UTI Long Term is significantly underperforming DOW.
     UTI Long Price Density 
    Alpha over DOW
    Beta against DOW=0.79
    Overall volatility
    Information ratio =0.18

    UTI Long Alerts and Suggestions

    UTI Long Term is not yet fully synchronised with the market data
    The fund retains about 5.94% of its assets under management (AUM) in cash

    UTI LongPrice Density Drivers

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