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

    F00000PDM8 -- India Fund  

    INR 2,020  0.89  0.0441%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,020 30 days 2,020  ABOUT 26.46%
    Based on normal probability distribution, the odds of UTI Money to move above current price in 30 days from now is about 26.46% (This UTI Money Market Instl Dir Gr probability density function shows the probability of UTI Money Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, UTI Money Market Instl Dir Gr has beta of -0.063 suggesting as returns on benchmark increase, returns on holding UTI Money are expected to decrease at a much smaller rate. During bear market, however, UTI Money Market Instl Dir Gr is likely to outperform the market. Additionally UTI Money Market Instl Dir Gr has an alpha of 0.0405 implying that it can potentially generate 0.0405% excess return over DOW after adjusting for the inherited market risk (beta).
     UTI Money Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.040487
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =908.07
    Ir
    Information ratio =1.09

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    UTI Money Alerts and Suggestions

    The fund retains about 100.0% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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