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 
          Price 
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.79
    σ
    Overall volatility
    =6.40
    Ir
    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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