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

F00000PDLD -- India Fund  

INR 25.07  25.07  9,223,372,036,855%

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
 25.07 30 days 25.07  ABOUT 29.62%
Based on normal probability distribution, the odds of UTI Long to move above current price in 30 days from now is about 29.62% (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 -0.3927 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 UTI Long Term Equity Dir Div has an alpha of 0.1674 implying that it can potentially generate 0.1674% excess return over DOW after adjusting for the inherited market risk (beta).
 UTI Long Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.17
β
Beta against DOW=0.39
σ
Overall volatility
=9.62
Ir
Information ratio =0.036279

UTI Long Alerts

UTI Long Alerts and Suggestions

UTI Long Term generates negative expected return over the last 30 days
UTI Long Term has high likelihood to experience some financial distress in the next 2 years
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The fund retains about 5.94% of its assets under management (AUM) in cash

Price Density Drivers

UTI Long Health Indicators

Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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